Assystem Reports Strong Growth with €611 Million Revenue in 2024
Assystem Achieves Impressive Revenue Growth in 2024
Assystem S.A. (ISIN: FR0000074148 - ASY), a renowned international engineering group, has announced a remarkable milestone in its financial performance for the year. The company reported a consolidated revenue of €611.3 million for 2024, representing an organic growth of 5.2% compared to the previous year.
Financial Highlights for 2024
In the fourth quarter, Assystem revealed a consolidated revenue of €165.9 million, which is an increase from €155.8 million in the same period last year. This growth translates to an overall increase of 6.4%, with an organic growth rate of 5.8% driven primarily by the nuclear sector.
Quarterly Growth Breakdown
The financial breakdown for the full year shows that the company exceeded its revised revenue target of approximately €610 million. This achievement is further complemented by positive margins and a strong EBITA target of around 6.5% for the year.
Revenue by Region
Assystem's revenue from France accounted for 62% of the total, reaching €380.9 million—a marginal increase from €374.8 million in 2023. Notably, organic growth in France was marked at 3.8%, emphasizing the strong performance within the nuclear segment, which reported a rise of 7.6% due to new projects and a return to normal activity levels.
International Performance
The international segment of Assystem, which represents 38% of total revenue, showed even more impressive results, increasing to €230.4 million from €202.7 million in 2023—a 13.7% growth. The organic growth in this segment reached 7.9% thanks to the acquisition of L&T Infrastructure Engineering Limited (L&T IEL), further propelling its activities abroad.
Strategic Acquisitions and Expansion
On January 23, 2025, Assystem expanded its operation by acquiring Mactech Energy Group. This acquisition, valued at around £16 million in revenue for 2024, allows Assystem to enhance its footprint in the UK nuclear market, aligning with the anticipated construction of new nuclear power facilities in the coming years.
Outlook and Future Plans
As the energy sector continues to evolve towards low-carbon solutions, Assystem remains committed to optimizing its offerings in nuclear and renewable energy domains. The expertise derived from over 55 years in highly regulated sectors uniquely positions the company to lead initiatives in energy transitions and digital solutions.
Looking Ahead
Assystem's commitment to future growth is underlined by its focus on sustainable technologies and infrastructure management. The company aims to tap into emerging markets, ensuring that it remains a key player in the global engineering landscape.
Frequently Asked Questions
What is Assystem's revenue for 2024?
Assystem reported a consolidated revenue of €611.3 million in 2024, marking a 5.2% organic growth.
How did the international segment perform?
The international segment achieved a revenue of €230.4 million, reflecting a 13.7% increase from the previous year.
What drives Assystem's growth?
Growth is primarily driven by activities in the nuclear sector, along with strategic acquisitions and strong project performances.
What is Assystem's future focus?
The company is focusing on low-carbon electricity solutions and supporting its operations in nuclear engineering and renewable energy projects.
Who should I contact for more information about Assystem?
For inquiries, reach out to Malène Korvin, Chief Financial Officer at mkorvin@assystem.com or call +33 (0)1 41 25 29 00.
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