Alkemy, margins down in the first half. Turnover +1%

Alkemy margins down in the first half Turnover 1

(Telestock) – Alchemya company specialized in the evolution of the business model of large and medium-sized companies and listed on Euronext STAR Milan, has recorded consolidated revenues slightly increasing (+1%) in first half of 2024equal to no less than 58 million euros. This trend is the result of the combined effect of the recovery of organic growth in turnover in Italy, which more than offset the performance of the business abroad.

In particular, the sector Italy recorded organic revenue growth year-over-year, driven primarily by positive performance in the Entertainment & Lifestyle and Energy & Utilities industries. foreign companiesduring the first half of 2024, recorded a slight contraction in turnover, mainly due to some dynamics on customers of the subsidiaries Alkemy Iberia and Alkemy Latam.

L’EBITDA Adjusted management revenue for H1 2024 stands at no less than 4.5 million euros, down approximately 25% compared to the figure of 6 million as of June 30, 2023, due to the different revenue mix for the period, mainly due to a percentage contraction in the turnover generated by the competence center dedicated to consultancy. Consequently, theEBITDA Margin H1 2024 management margin is approximately 7.8%, down approximately 2.6 pps compared to H1 2023 (10.4%).

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