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Cegedim: organic growth of less than 5% by 2024

(CercleFinance.com) - Cegedim reports sales growth of 6.
3% to 654.5 million euros for 2024 (+4.7% on an organic basis), with its marketing, health insurance, HR and cloud activities posting the strongest growth.

Organic growth was thus slightly below the lower end of the announced 5-8% range, but the 5% threshold would have been reached had the INPS business not been refocused on Scotland and then halted during the year.

'This situation should not call into question the expected trend for operating income recurring, which should continue to grow. Significant non-cash adjustments are expected in connection with the deconsolidation of INPS', the company adds.

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