{"id":2639,"date":"2022-10-14T12:12:59","date_gmt":"2022-10-14T10:12:59","guid":{"rendered":"https:\/\/onelink-dev.econocom.com\/gerpl\/?p=2639"},"modified":"2022-10-14T12:12:59","modified_gmt":"2022-10-14T10:12:59","slug":"econocom-announces-its-revenue-for-the-first-nine-months-of-2022","status":"publish","type":"post","link":"https:\/\/onelink-dev.econocom.com\/gerpl\/2022\/10\/14\/econocom-announces-its-revenue-for-the-first-nine-months-of-2022\/","title":{"rendered":"Econocom announces its revenue for the first nine months of 2022"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-right\"><a href=\"https:\/\/onelink-dev.econocom.com\/gerpl\/wp-json\/wp\/v2\/posts\/2639?print=pdf\" class=\"pdfprnt-button pdfprnt-button-pdf\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/onelink-dev.econocom.com\/gerpl\/wp-content\/plugins\/pdf-print\/images\/pdf.png\" alt=\"image_pdf\" title=\"View PDF\" \/><\/a><a href=\"https:\/\/onelink-dev.econocom.com\/gerpl\/wp-json\/wp\/v2\/posts\/2639?print=print\" class=\"pdfprnt-button pdfprnt-button-print\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/onelink-dev.econocom.com\/gerpl\/wp-content\/plugins\/pdf-print\/images\/print.png\" alt=\"image_print\" title=\"Print Content\" \/><\/a><\/div><p><span style=\"font-family: arial;color: #3e0d81;font-size: 18px\"><strong>Continued growth momentum: revenue for the first nine months of 2022 shows organic growth of 9.5% to \u20ac1,826 million<\/strong><\/span><\/p>\n<p><span style=\"font-family: arial;color: #000000\"><strong>\u00a0<\/strong><\/span><\/p>\n<p><strong><span style=\"font-family: arial;color: #000000\">Strong business momentum driven by Products &amp; Solutions and Technology Management &amp; Financing activities<\/span><\/strong><\/p>\n<p><span style=\"font-family: arial;color: #000000\">The Econocom Group generated revenue of \u20ac1,826 million for the first nine months of 2022, representing significant organic growth (+9.5%) compared to the same period last year. Including year-on-year changes in consolidation scope, total revenue growth comes to 14.2%.<\/span><\/p>\n<p><span style=\"font-family: arial;color: #000000\">This performance is in line with the trend observed since the beginning of the financial year. It reflects the commercial effectiveness of the measures that have been implemented for several years to strengthen the presence and synergies between the Group\u2019s three business lines in its strategic regions and develop innovative offers, particularly in the field of digital responsibility.<\/span><\/p>\n<p><span style=\"font-family: arial;color: #000000\">Over the first nine months of 2022, the Group\u2019s activities experienced the following developments:<\/span><\/p>\n<ul>\n<li><span style=\"font-family: arial;color: #000000\">The revenue of Products &amp; Solutions totalled \u20ac759 million, representing organic growth of 15.8%. This business continued to grow at a sustained pace, driven by all regions, and a progressive reduction in its backlog.\n<p><\/span><\/li>\n<li><span style=\"font-family: arial;color: #000000\">Technology Management &amp; Financing (TMF) posted revenue of \u20ac706 million, representing organic growth of 11.4%. After a strong first half, this business continued its growth trajectory in Q3 2022, bolstered by the strengthening of the sales force launched in 2021. Econocom also continued to roll out agile and eco-friendly financing solutions by integrating the offers of its latest acquisition, SOFI Groupe.\n<p><\/span><\/li>\n<li><span style=\"font-family: arial;color: #000000\">The revenue of the Services division amounted to \u20ac360 million, representing an organic decrease of 4.5%, mainly due to the strategy of not renewing certain low-margin contracts. In Q4, the group anticipates a reversal of the trend linked to the ramp-up of outsourcing contracts signed in the previous quarters.<\/span><\/li>\n<\/ul>\n<p><strong><span style=\"font-family: arial;color: #000000\"><br \/>\nOutlook\u00a0<\/span><\/strong><\/p>\n<p><span style=\"font-family: arial;color: #000000\">In light of the sustained level of business observed over the first nine months of the year, Econocom is confident in its ability to achieve an organic growth of over 5% by the end of 2022.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong><span style=\"font-family: arial;color: #000000\">The press release is attached in the Resources of this page.\u00a0\u00a0<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Continued growth momentum: revenue for the first nine months of 2022 shows organic growth of 9.5% to \u20ac1,826 million \u00a0 Strong business momentum driven by Products &amp; Solutions and Technology Management &amp; Financing activities The Econocom Group generated revenue of \u20ac1,826 million for the first nine months of 2022, representing significant organic growth (+9.5%) compared [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":2640,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[30],"tags":[],"class_list":["post-2639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-group"],"acf":[],"_links":{"self":[{"href":"https:\/\/onelink-dev.econocom.com\/gerpl\/wp-json\/wp\/v2\/posts\/2639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onelink-dev.econocom.com\/gerpl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onelink-dev.econocom.com\/gerpl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onelink-dev.econocom.com\/gerpl\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/onelink-dev.econocom.com\/gerpl\/wp-json\/wp\/v2\/comments?post=2639"}],"version-history":[{"count":1,"href":"https:\/\/onelink-dev.econocom.com\/gerpl\/wp-json\/wp\/v2\/posts\/2639\/revisions"}],"predecessor-version":[{"id":2642,"href":"https:\/\/onelink-dev.econocom.com\/gerpl\/wp-json\/wp\/v2\/posts\/2639\/revisions\/2642"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/onelink-dev.econocom.com\/gerpl\/wp-json\/wp\/v2\/media\/2640"}],"wp:attachment":[{"href":"https:\/\/onelink-dev.econocom.com\/gerpl\/wp-json\/wp\/v2\/media?parent=2639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onelink-dev.econocom.com\/gerpl\/wp-json\/wp\/v2\/categories?post=2639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onelink-dev.econocom.com\/gerpl\/wp-json\/wp\/v2\/tags?post=2639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}