April 29, 2025
- 2025 Q1 revenue of €232.4 million, down -12.3%
- Continued implementation of selectivity strategy with priority given to margins, primarily in telecoms in France and Spain
- High comparison basis: +3.8% in Q1 2024 compared to -5.8% for the full year 2024
- Growth drivers remain well-oriented
- Energy up +19.1% (+30.1% in France), representing 18% of the Group’s Q1 revenue
- Strong momentum in Germany, where the Group has a solid presence, with growth of +20.7% in Q1
- Ongoing measures to improve performance in the Other Countries segment
- Growth resumes in Italy: +14.6%, with gradually improving economic conditions
- Restructuring of Connectivity activities in Spain, with strategic refocusing on Energy and Technology