Prodways unveils its 2024 half-year results: revenue down to €31 million and EBITDA margin at 8%

The first half of 2024 saw Prodways Group achieve a turnover of €31 million, down compared to the previous year, in particular due to the change in the company's classification in the Software business and scope adjustments. This variation results in a decrease of €12 million in revenue compared to 2023.

Current EBITDA reached €2.5 million, representing a margin of 8%, an improvement of 4 points compared to the second half of 2023. This increase remains below the company's ambitions. Operating results stood at €1.2 million, compared to €4.7 million in the first half of 2023, resulting in a decrease of 76%.

Revenues from the Systems division remained stable, despite a decline in printer sales. On the other hand, the Products division saw a decrease in turnover of €1.5 million. The group also generated a self-financing capacity of €2.5 million.