6.0 M€ operating income for FY 2024

Net income up 17.5% in 2024

‍Sales in 2024 reached €82.68 million, compared with €73.32 million in 2023.EBITDA amounted to €7.67 million, or 9.3% of sales, up 0.3pt. This increase was mainly due to the impact of the inclusion of CIAO Technologies (+0.7 M€ in EBITDA) coupled with a favorable calendar effect (+0.3 M€ in EBITDA).

EBIT was 7.4% of sales, compared with 7.2% of sales in 2023. Operating profit (EBIT) was €6.0 million in 2024, holding steady at 7.3% of sales, attesting to the resilience of IT Link's business model in a still wait-and-see market. Net income for 2024 reached an all-time high of €4.03 M, up 17.5%.

Cash position of €5.2m

‍The IT Link Group's net cash position at December 31, 2024 remains largely positive at €5.2m (€6.5m at the end of 2023), taking into account the acquisitions of CIAO Technologies and MI Concept, fully financed from equity in 2024. Over the year, the Group generated €4.5m in cash flow in line with business growth, compared with €3.9m in 2023.

‍Outlook for 2025

‍Given the business trend at the start of the year, and on the strength of the renewal of multi-year contracts with its main customers, Groupe IT Link forecasts organic sales growth of around 3% for 2025.

Management is targeting operating income before non-recurring items of around 7% for the year, but remains attentive to the uncertain macroeconomic and geopolitical contexts.

IT Link's Board of Directors will approve the financial statements for the year ending December 31, 2024, on April 24, 2025.