sur COGELEC (EPA:COGEC)
COGELEC Reports €20.4m Q4 Revenue in 2024, Increasing by 13.6%
COGELEC, a leader in access control systems, announced its fourth-quarter 2024 revenue of €20.4 million, showing a 13.6% increase from Q4 2023. The total revenue for 2024 reached €74.5 million, a growth of 12.9% compared to the previous year.
The company's subscription model, notably through the Intratone brand, contributed €23.4 million to the 2024 revenue, marking a 17.2% increase. By the end of the year, COGELEC serviced 2.5 million homes across France and Europe with its GSM intercom solutions.
In France, Q4 revenue was €17.4 million, a rise of 11.0%, while European markets showed a substantial growth of 31.7% with €3.0 million in Q4 revenue. Europe accounted for 15% of the total revenue in 2024, up from 13% the previous year.
For 2025, COGELEC anticipates higher revenue and EBITDA growth rates compared to 2024, leveraging its large customer base and innovative offerings.
R. H.
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