Cegedim: nine-month sales growth of almost 6%

(CercleFinance.com) - Cegedim posted third-quarter sales of 156.
8 million euros, up 5.7% (+3.8% organic), bringing the total to end September to 475.8 million, up 5.9% (+4.3% organic).

Marketing, BPO, HR and cloud activities posted solid growth in the quarter, while the software and services division 'is suffering from the expected comparison effects linked to the 2023 healthcare Segur and the slowdown in international business'.

On the basis of available data, Cegedim anticipates 2024 organic sales growth at the lower end of the 5-8% range, 'without this calling into question the expected trend for ROC, which should continue to grow'.

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