Neurones (NRO) Q4 2024 TU earnings summary

Executive summary

• Revenues reached €810.4 million in 2024, up 9.3% year-over-year, surpassing forecasts.

• Operating profit was 9.6% of revenues, totaling €77.9 million.

• Growth driven by digital projects, data, cybersecurity, and cloud services.

• Workforce increased by 340, with additional reliance on subcontracting.

Financial highlights

• Revenue grew 9.3% year-over-year to €810.4 million; Q4 growth was 8.1%.

• Operating profit margin stood at 9.6%.

Outlook and guidance

• 2025 forecasts will be released with Q1 revenues.