[Econocom Stories #9] The group’s newsletter is available!

GROWTH IN SALES AND OPERATING MARGIN

The Group ended 2023 with solid results, with turnover growth of 3.5% to €2,681 million, including 1.2% organic growth. The operating margin is slightly up on 2022, at €116.2 million. The 2023 results are therefore perfectly in line with the assumptions of One Econocom’s 2024-2028 strategic plan.

The press release announcing the 2023 results was sent to the economic, financial and business press on Wednesday 14 February after the close of trading on the Euronext Brussels stock exchange.

On the morning of Thursday 15 February, Jean-Louis Bouchard, Angel Benguigui and Patrick Van Den Berg also attended an analysts’ and investors’ meeting at the Pullman Centre Midi in the Belgian capital to comment on the results.

The ambitious target of achieving turnover of €4 billion and net profit of €130 million by 2028 remains unchanged for the coming year. Econocom will remain focused on capitalising on market growth opportunities while strengthening its commitment to extra-financial performance.

These prospects point to a stable and progressive future for the company, which is anchored in a long-term strategic approach.

To find out more, here’s the link to the Group’s press release.

The proportion of the Group’s employees in France who have received training in cybersecurity issues by 2023.

Bureau Veritas has just awarded ISO 14001 certification to Econocom Belux. This certification demonstrates compliance with international environmental management standards.

The first significant gain from the EASI (Econocom as a service for impact) offering concerns IN VIVO, an organization specializing in agricultural transition with over 185 members.  A contract worth 5 million euros for 11,000 devices (PCs, meeting room equipment, smartphones) in 39 countries, with an end-to-end approach to the workplace (distribution and associated services, financing, reconditioning). A perfect illustration of One Econocom’s value proposition. What’s more, with this clearly CSR-oriented offering, which favors use over ownership and includes the Ecocarbon offer, Econocom is supporting InVivo in its drive to measure and reduce the environmental footprint of its digital assets.

This is the amount in billions of dollars that global IT spending is expected to reach in 2024: an increase of 6.8% compared to 2023. However, this increase in spending doesn’t necessarily translate into larger IT teams. Labour and skills shortages mean that IT teams have limited resources to keep up with the rapid pace of technological innovation. Organisations need to invest in technologies which contribute to profitability and productivity and close the IT talent gap to achieve the goals of digital transformation in 2024. Read the article here.

D-CARB

We talked about this in our previous edition of the Econocom Stories newsletter. After being communicated internally, the Group’s decarbonisation commitments are also available on our website :

AND A ONE, AND A TWO, E-CO-NO-COM !

Who hasn’t dreamt of kissing Fabien Barthez’s head before the referee blew his whistle? Of doing Zinédine Zidane’s roulette past 3 Brazilian opponents? Of being the one who “brought the light” like Laurent Blanc against Paraguay? Have you dreamed of it? An Econocom delegation did just that on Wednesday 12 July 2023 in Aix-en-Provence with the France 98 Association, which brought together most of the 98 world champions to celebrate the 25th anniversary of France’s first world title. Of course, Econocom stories was there to tell you all about it…