Egide Group Publishes its Annual Financial Report for 2024
Announcement of the 2024 Annual Financial Report
Egide Group, a global leader in manufacturing hermetic packages and thermal management solutions, is excited to announce the availability of its Annual Financial Report for the year ending December 31, 2024. This report has been officially filed with the French Financial Markets Authority (AMF) and is now accessible for public viewing.
Understanding the Annual Financial Report
The 2024 Annual Financial Report can be found on the Group's official website, providing detailed insights into the company's financial performance and operational highlights. Shareholders and interested parties can navigate to the Finance/Financial Information/Financial Reports section to access this comprehensive document.
Key Components of the Financial Report
The report encompasses several significant documents that form a robust overview of Egide's financial standing:
- The detailed activity report for 2024.
- The consolidated financial statements for that fiscal year.
- The annual financial statements, showcasing the financial intricacies.
- Reports from statutory auditors regarding the audit of the consolidated financial statements.
- Auditor's report on the annual financial statements, reflecting independent assessments.
Concerns Raised by Auditors
Important to note is that the statutory auditors of Egide Group have raised significant reservations regarding the updated financial statements for 2024. Due to these concerns, they have indicated their inability to certify the financial statements. Areas of uncertainty highlighted include:
- Supporting documentation for the forecasted budget.
- Valuation methods used for securities in statutory accounts.
- Assessment and valuation of inventory.
- Comparative discrepancies in intercompany accounts.
General Meeting Details
Moreover, the company would like to inform its valued shareholders that a General Meeting is scheduled to take place. Attendees can mark their calendars for an engaging session on September 10, 2025, at 11:00 AM. Here, shareholders will have the opportunity to discuss company performance and future strategies.
Further documentation related to the General Meeting will be available in the General Meeting section of Egide’s website, adhering to all regulatory requirements.
Upcoming Financial Calendar Events
The company has laid out a clear financial calendar for the upcoming periods, which includes:
- Half-Year Revenue Announcement: July 30, 2025
- Combined General Meeting: September 10, 2025
- Half-Year Results Announcement: October 20, 2025
Contact Information
For more information, shareholders and interested parties can get in touch with:
David HIEN, CEO, Egide Group
Contact: +33 4 90 30 35 98
Email: dhien@fr.egide-group.com
Isabelle APRILE, Financial Communications Agency, Fin'Extenso
Contact: +33 6 17 38 61 78
Email: i.aprile@finextenso.fr
About Egide Group
Egide Group specializes in providing advanced hermetic packages and thermal control solutions, ensuring the reliability of sensitive electronic components across various industries. With production facilities located in both France and the United States, they are uniquely positioned to meet the demanding needs of their clients in critical sectors such as thermal imaging and high-frequency applications.
Furthermore, Egide is publicly traded on Euronext Growth Paris under the ISIN code FR0000072373, with the stock ticker ALGID.
Frequently Asked Questions
1. What is the 2024 Annual Financial Report about?
The report provides a comprehensive overview of Egide Group's financial activities and statements for the year ended December 31, 2024.
2. Where can I find the financial report?
The report is available on the Egide Group's official website within the Finance section.
3. What concerns did the auditors raise regarding the financial statements?
Auditors expressed reservations about the forecasted budget, valuation of securities, and discrepancies in intercompany accounts.
4. When is the General Meeting scheduled?
The General Meeting will be held on September 10, 2025, at 11:00 AM.
5. How can I contact Egide Group for more information?
You can reach out to David HIEN or Isabelle APRILE via the provided contact information for inquiries.
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