SOLUTIONS 30 SE

S30

Equity

ISIN FR0013379484 / Valor 44600804

Euronext - Euronext Paris (2025-03-14)

EUR 1.69+1.68%

SOLUTIONS 30 SE
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About company

Solutions 30 SE is a prominent European company specializing in the provision and implementation of new technologies across a broad spectrum of sectors. With a daily handling of over 80,000 service calls, the company has established itself as a leading entity in the technology services market. Solutions 30 SE's expertise spans telecommunications, information technology, security systems, energy, smart building technologies, and point-of-sale (POS) devices. The company employs more than 15,000 service engineers who are dedicated to troubleshooting and maintaining the operational integrity of these technologies for their clients. This wide-ranging capability underscores Solutions 30 SE's role as a critical support partner for businesses navigating the complexities of modern technological infrastructures.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

SOLUTIONS 30 SE reported a significant increase in revenue for the year 2023, reaching €1.057 billion. This represents a strong 16.8% growth over the previous year, with 16.5% of this growth being organic. The company attributes this success to excellent momentum in the Benelux region, highlighting the advantages of its strategic geographic positioning.

Adjusted EBITDA

In 2023, SOLUTIONS 30 SE saw a substantial rise in its adjusted EBITDA, which increased by 59.6% to €74.6 million. This improvement is nearly triple the adjusted EBITDA for the second half of the previous year. The adjusted EBITDA margin for the year was 7.1%, up 190 basis points, and reached double digits in the Benelux region.

Operating Margins

SOLUTIONS 30 SE's operating margins showed clear improvement in the second half of 2023. The adjusted EBITDA margin for the second half of the year was 8.8%, significantly higher than the 5.3% in the first half and the 3.7% in the second half of 2022. Despite a negative group share of net income at -€22.7 million, this was an improvement from -€50.1 million in 2022, reflecting better overall performance indicators.

Balance Sheet

The company maintained a solid balance sheet to support its growth, with cash net of bank debt standing at €5.7 million. Additionally, SOLUTIONS 30 SE generated €13.4 million in free cash flow for the year, alongside a €26.2 million increase in working capital, which included exceptional impacts.

Future Outlook

SOLUTIONS 30 SE is optimistic about its long-term prospects, driven by the digital transformation and energy transition. The company is focused on operational efficiency and cost control, prioritizing margins over volume. For 2024, SOLUTIONS 30 SE anticipates another year of revenue growth, with adjusted EBITDA margins approaching their medium-term target of double-digit figures.

Summarized from source with an LLMView Source

Key figures

-15.4%1Y

-77.9%3Y

%5Y

Performance

52.3%1Y

59.5%3Y

89.8%5Y

Volatility