Report
Nicolas Thorez

SQLI : Unsurprising results for 2023 with new trends to be expected in 2024

>2023 results broadly close to expectations excl. one-offs - SQLi published yesterday morning its FY 2023 results. The figures are slightly below expectations in terms of topline and bottom line, but slightly above expectations in terms of recurring EBIT. Essentially, 2023 revenues came in at € 251.2m (vs ODDO BHF € 254.7m), up 2% on an organic basis. France (+2.3%) and international markets (+2.0%) contributed equally to growth. This shows that the slowdown in growth...
Underlying
SQLI SA

SQLI SA is a France-based company that specializes in the design and creation of Information Technology (IT) systems. The Company specializes in implementing information systems based on new technologies. It operates in Business Information Systems sector, Digital Enterprise sector, E-commerce division, Communication and Organisation and management divisions. SQLI SA works with its clients from the consulting stage, through the design and installation processes, to the training and monitoring phase. The Company operates a network of offices in France, Benelux, Switzerland, Morocco and Canada, among others. It operates through brands: Wax Interactive and SQLI Enterprise. The Company has such subsidiaries as LSF Interactive, digital agency of marketing and communication, InventCommerce Ltd, a London-based Internet service provider and Star Republic, among others.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas Thorez

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