Econocom group's revenue is up +11.8% in Q1 of 2018

Jess Carey Posted By Jess Carey
from Burlington Media

Econocom group's revenue is up +11.8% in the first quarter of 2018, including 3.2% organic growth, confirming the relevance of its positioning and development model.

Key elements of the group's good start to the year:

  • A further rise in revenue to € 616.6 million (+11.8%)
  • A continued positive organic growth momentum at +3.2% under the IFRS 15 standard
  • Before application of the IFRS 15 standard, growth of 15.4% of which 7.3% in organic growth
  • Targeted acquisitions in Spain and Italy to continue its value added strategy
  • 2018 guidance confirmed

 

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