Geen categorie @en 

Smartphoto group – Trading update 2024 – Smartphoto group further invests in growth

Maggy Van den Stock

PRESS RELEASE
Wetteren, 3 February 2025 – 06.00 p.m.
smartphoto group – Euronext Brussels: SMAR

  • Increase in revenue from 77.3 million euro in 2023 to 80.5 million euro(1) (+4.0%) in 2024, driven by a strong second semester and an even stronger final quarter.
  • EBITDA amounts to a solid 11.4 million euro(1) in 2024, a decrease of 13.1% compared to 2023 (13.1 million euro). This decline reflects targeted investments in people and marketing, which already contributed to accelerated turnover growth and strong performance in the second half of the year.
  • Increase in net cash of 0.8 million euro (+4.3%) from 19.7 million euro in 2023 to 20.5 million euro(1) in 2024, and this notwithstanding the increased dividend payment, the additional buyback of treasury shares, and the acquisition of TopFanZ at the end of May 2024.

Click here to see the full press release.