Neurones: 7.3% net profit in 1st half 2024

PRESS INFORMATION
Heading: 1^st half 2024 results        Nanterre, September 11, 2024 (after trading)

7.3% net profit in 1^st half 2024

(in millions of euros)	H1 2023	2023	H1 2024 *
Revenues	368.7	741.2	402.4
Business operating profit**	41.8 (11.3%)	81.5 (11%)	40.5 (10.1%)
Operating profit	39.5 (10.7%)	75.9 (10.2%)	37.1 (9.2%)
Net financial profit	1.9	4.9	4.7
Tax on earnings	(11.4)	(22.2)	(12.6)
Net profit after tax	30 (8.1%)	58.6 (7.9%)	29.2 (7.3%)
of which, group share	25.4	49.4	24.5
Staff at end of period (ppl.)	6,580	6,749	7,001

* Financial statements as at 06/30/2024 approved by the Board of Directors on September 11.
** Before cost of bonus shares.

Achievements

As previously announced, the Group achieved sustained growth in the 1st half (+ 9.1%, of which 8.2% with constant structures).

Operating profit was confirmed at 9.2% of revenues. Pre-tax profit rose slightly (higher financial income).

Net cash and cash equivalents (excluding IFRS 16 rental debts) amounted to €256.9 million (€261.3 million a year earlier), the difference being mainly due to an increase in customer payment terms.

Outlook

NEURONES confirms its forecasts for the year as a whole:

• revenues of around €800m,
• operating profit of around 9.5%.

About NEURONES

With 7,000 experts, and ranking among the French leaders in management consulting and digital services, NEURONES helps large companies and organizations implement their digital projects, transform their IT infrastructures and adopt new uses.

Euronext Paris (compartment B - NRO) – Euronext Tech Leaders – DSS mid-caps – ‘PEA-PME’ eligible
www.neurones.net

Press Relations: O'Connection Julia Philippe-Brutin Tel.: +33 (0)6 03 63 06 03 jpbrutin@oconnection.fr

NEURONES Matthieu Vautier Tel.: +33 (0)1 41 37 41 37 rp@neurones.net

Investor Relations: NEURONES Paul-César Bonnel Tel.: +33 (0)1 41 37 41 37 investisseurs@neurones.net

Attachment

• neurones-first-half-2024-results