Planisware: half-year net income down 14

(CercleFinance.com) - Planisware reports net income down 14.
4% to €16 million for the first half of 2024, impacted by IPO costs, with an adjusted EBITDA margin improving by around 2.6 points to 33.5% of sales.

This improvement was driven by sales growth of 19.3% to €86.6 million, underpinned by price increases linked to the indexation of contracts to inflation, a positive mix effect and further operating efficiency gains.

The B2B SaaS software provider for the Project Economy confirms all its 2024 targets, including sales growth at constant exchange rates of around 19.5% and an adjusted EBITDA margin of around 33%.

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