FY 2024 Financial Highlights

”2024 allows us to close a very satisfying year in terms of EBITDA and net profit growth, as well as strong cash generation and a significant reduction in debt. Revenue saw a return to growth in Europe and continues to develop in Central and South America; however, they were affected by a one-off impact from SAP EWM in North America in the first quarter, macroeconomic uncertainties in key geographies during the latter part of the year, as well as negative exchange rate effects in South America. We achieved our 2024 guidance targets in terms of EBITDA growth, while we significantly exceeded them in terms of EBITDA margin (at 19.3%), and in terms of cash generation, with Free Cash Flow to Equity at €67.7M."