Cegedim group
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Cegedim Group offers a wide range of solutions and services for healthcare professionals, researchers, pharmaceutical companies, health authorities, insurance companies, and for businesses in all sectors interested in outsourcing, secure hosting, and digital flow solutions. To ensure clear and consistent financial communication, the Group presents its financial results by type of business, divided into five operational divisions:
Division
Licenses, SaaS, internet services, maintenance, integration, hosting for healthcare professionals in France, the UK, Romania, Spain, Belgium, and Italy, health insurance companies in France and the UK, and HR departments in France.
2024 revenue: 307.8M€ (+1.8%)
Digitalization of processes and invoices in healthcare and other sectors in France, the UK, and Germany. Third Party payment in France.
2024 revenue: 100.3M€ (+7.3%)
European Health database and studies used by health authorities, governments, healthcare professionals, and pharma companies in France, the UK, Romania, Spain, Italy and Germany. Digital and print marketing at pharmacies in France. Digital marketing for French doctors.
2024 revenue: 125.9M€ (+9.6%)
Business process outsourcing for health insurance companies, mainly claims processing, and HR departments in France, with offshore centers in Romania and Morocco.
2024 revenue: 82.7M€ (+15.8%)
Sovereign “Cloud” hosting and outsourcing services and IT support, R&D and centralized services from the Group.
2024 revenue: 37.8M€ (+11.3%)
(1) Recurring EBITDA is equivalent to recurring operating income plus net depreciation and amortization expenses. "Recurring operating income" is defined as the difference between operating income and other non-recurring operating income and expenses. "Other non-recurring operating income and expenses" may include impairment of tangible assets, goodwill, and other intangible assets, gains or losses on disposals of non-current assets, restructuring costs, and costs relating to workforce adaptation measures. In 2023, other non-recurring income and expenses include an asset impairment charge of €9m, with no cash impact.
(2) Tax expenses cover tax actually paid and deferred tax with no cash impact. In 2023, this item includes a non-cash entry reducing deferred tax assets by €12m.
Financial Overview
