i2S SA (FR:ALI2S) has released an update.
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i2S SA’s financial performance for the first half of 2024 aligns with company goals, showcasing a revenue increase of 8.4% and a stable added value of 39.1% of revenue, particularly bolstered by Twiga’s contribution. Despite a marked increase in personnel expenses and a decline in the Gross Operating Surplus compared to the previous year, i2S maintains a solid financial structure with high equity and manageable debt levels. The net accounting result, however, posted a loss of -330 K€, largely due to a one-time depreciation of BASLER France shares.
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