Egide Group Releases Annual Financial Report for 2024
Overview of the 2024 Annual Financial Report
Egide Group, a leader in hermetic packaging and heat dissipation solutions for sensitive electronics, has made its Annual Financial Report for the year ending December 31, 2024, available to the public. This report is crucial for stakeholders interested in the company's financial health and operational performance for the year.
Available Documents in the Report
The 2024 Annual Financial Report includes several important documents, which can be reviewed comprehensively through the company’s dedicated website:
- The 2024 activity report,
- The consolidated financial statements for 2024,
- The annual financial statements for 2024,
- The statutory auditors' report on the consolidated financial statements for 2024,
- The statutory auditors' report on the annual financial statements for 2024.
Key Financial Insights
It is important for the investors to take note that the company's statutory auditors have provided an audit report highlighting reservations regarding the 2024 financial statements. This means that the auditors were unable to fully certify the reported figures for the year. The uncertainties raised relate to several critical aspects:
- Elements underlying the forecasted budget,
- Valuation issues concerning securities reflected in the statutory accounts,
- Assessment of inventory values,
- Discrepancies found in intercompany accounts.
Investor Engagement: General Meeting Announcement
Egide Group further advises its shareholders of an upcoming General Meeting scheduled for September 10, 2025, at 11:00 AM. This meeting will serve as an important platform for discussing the report and engaging with shareholders directly.
Looking Ahead: Financial Calendar Highlights
Investors are encouraged to mark these important dates aligned with Egide’s financial calendar:
- 2025 Half-Year Revenue: July 30, 2025
- Combined General Meeting: September 10, 2025
- 2025 Half-Year Results: October 20, 2025
Company Contact Information
For any inquiries related to the financial report or other corporate matters, please reach out to:
David Hien, CEO of Egide Group
Phone: +33 4 90 30 35 98
Email: dhien@fr.egide-group.com
About Egide Group
Egide is globally recognized for its innovative solutions in the packaging and protection of sensitive electronic components, ensuring they perform effectively in critical applications. The company operates across multiple markets, presenting significant technological barriers to entry. With manufacturing facilities located both in France and the United States, Egide stands out as a dedicated player in the industry.
Frequently Asked Questions
What are the key documents included in the 2024 financial report?
The report includes the activity report, consolidated and annual financial statements, and auditors' reports among others.
When will the General Meeting take place?
The General Meeting is set for September 10, 2025, at 11:00 AM.
What concerns did the auditors raise regarding the financial statements?
The auditors expressed concerns regarding the forecasted budget, valuation of securities and inventories, and discrepancies in intercompany accounts.
Who can shareholders contact for more information?
Shareholders can contact David Hien, the CEO, at +33 4 90 30 35 98 or via email at dhien@fr.egide-group.com.
What is Egide Group known for?
Egide Group specializes in manufacturing hermetic packages and heat dissipation solutions for delicate electronic components, serving critical industries globally.
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