Audited annual results 2021: confirmation of strong growth in Recurring Operating Profit and Net Profit

2021 confirmed Econocom’s strategic refocusing choices

• Revenue down slightly at €2,505m⁴ amid pressure on supplies and a growing order backlog

• Recurring Operating Profit² up significantly¹ at €135.7m (+16.1%) and margin up¹ 0.8 percentage points at 5.4%

• Net profit of €70.1m up more sharply by 39.6% driven in particular by reduction in non-recurring operating expenses

• Net Financial Debt³ under control at €66.8m at 31 December 2021, allowing a reduction in the cost of financial debt

• Proposed 14 cent per share refund of issue premium, up 16.7% on the previous year

Find out more about our results in our press release attached in this page or on our website.