STOCK

CEGEDIM - 2025-04-17 17:36:43 - Last 11.250 EUR -1.75 %

Last Event

APR 08 2025Release of its 2024 Universal Registration Document

Next Event

APR 24 2025Q1 2025 Revenue announcement

5 operational divisions

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

Software & Services

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.

47% of Group Revenue

2024 revenue: 307.8M€ (+1.8%)

Division

Flow

Digitalization of processes and invoices in healthcare and other sectors in France, the UK, and Germany. Third Party payment in France.

15.3% of Group Revenue

2024 revenue: 100.3M€ (+7.3%)

Division

Data & Marketing

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.

19.3% of Group Revenue

2024 revenue: 125.9M€ (+9.6%)

Division

BPO

Business process outsourcing for health insurance companies, mainly claims processing, and HR departments in France, with offshore centers in Romania and Morocco.

12.6% of Group Revenue

2024 revenue: 82.7M€ (+15.8%)

Division

Cloud & Support

Sovereign “Cloud” hosting and outsourcing services and IT support, R&D and centralized services from the Group.

5.8% of Group Revenue

2024 revenue: 37.8M€ (+11.3%)

Revenue breakdown

As of December 31, 2024

Divisions

Currencies

Geographical areas

Key performances

As of December 31, 2024

Revenue

EBITDA

Net financial debt

(excl. IFRS 16)

Income Statement

As of December 31, 2024

	2024		2023		▲ var.
	m€	%	m€	%	%
Revenue	654.5	100%	616	100%	+6.3%
EBITDA ⁽¹⁾	123.6	18.9%	108.8	17.7%	+13.5%
Depreciation & amortization	- 84.1	- 12.8%	- 72.2	- 12.5%	+9.0%
Recurring operating income ⁽¹⁾	39.5	6.0 %	31.7	5.1 %	+ 24.7 %
Other non-recurring operating income and expenses ⁽¹⁾	- 28.4	- 4.3 %	- 11.7	- 1.9 %	- 143.0 %
Operating income	11.1	1.7 %	20.0	3.2 %	- 44.5 %
Financial result	- 20.9	- 3.2 %	- 11.9	- 1.9 %	- 75.8 %
Total tax ⁽²⁾	-5.8	- 0.9 %	- 14.8	-2.4 %	- 61.1%
Net profit attributable to owners of the parent	- 14.7	- 2.2 %	- 7.4	- 1.2 %	- 98.6 %
Earnings Per Share (in €)	- 1.1	-	- 0.5	-	- 120.0%

(1) 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.

Simplified balance sheet

As of December 31, 2024 (in € million)

Assets

Equity & Liabilities

Financial Department

Damien BUFFET
Head of Financial Communications
+33 (0)7 64 63 55 73
investor.relations@cegedim.com