ECIT AS (DE:3CZ) has released an update.
ECIT AS reported an 11.7% revenue growth in Q2 2024, reaching NOK 980 million, and a 13.8% increase for the first half of the year. The company’s EBITDA also rose to NOK 144 million in Q2, with an improved margin of 14.7%. Despite challenging market conditions, ECIT’s F&A and Tech divisions showed reasonable organic growth, and the firm continued its expansion with the acquisition of Pragati AB.
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