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Yahoo
13-05-2025
- Business
- Yahoo
Claranova: FY 2024-2025 9-Month Revenue
Q3 revenue growth: +4%1 SaaS subscription-based sales now account for 92% of total revenue Deconsolidation of the PlanetArt and myDevices divisions This press release presents unaudited Group consolidated revenue, prepared in accordance with IFRS. Classification of myDevices and PlanetArt as non-current assets held for sale accounted for as a discontinued operation (IFRS 5). PARIS, May 13, 2025--(BUSINESS WIRE)--Claranova (Euronext Paris: FR0013426004 - CLA) reports 9-month revenue for FY 2024-2025 (July 2024 - March 2025), now refocused on Avanquest activities. The myDevices and PlanetArt divisions are no longer included in the Group's scope of consolidation under IFRS 5, as they are currently being sold2. This quarterly performance thus prefigures the future scope of the Group as a software publishing pure player3. Avanquest revenue trends: In €m FY 2024-2025 FY 2023-2024 Change at comparable scope Change at constant exchange rates Change at constant consolidation scope Change on a like-for-like basis Q3 revenue 31 31 2% 4% 2% 4% 9-month revenue 91 92 -1% 0% 1% 3% Avanquest reported revenue of €31m for the Q3 2024-2025 (January - March 2025), up 4% at constant exchange rates (+2% at actual exchange rates). After the sale of non-core businesses in Europe in October 2023, this performance is not affected by changes in the scope of consolidation. This growth was driven by the division's developments in the Security segment, which achieved solid gains in the number of subscribers over the period. In addition, the particular focus on improving profitability is also having an impact on PDF and Safety. Over the first 9 months of the fiscal year, revenue reached €91m, up 3% on a like-for-like basis (-1% at actual exchange rates, reflecting the impact of the divestment of non-core activities in FY 2023-2024). The percentage of revenue from proprietary software sold on a SaaS basis rose to €84m (+2%), representing 92% of total revenue (up from 89% last year). This increased share of higher value-added sales will contribute to growth in profitability for the full year. Over the same period, sales from non-core activities fell to 8% of sales, or €7m at the end of March 2025 (versus €10m one year earlier). Claranova revenue trends: In €m FY 2024-2025 FY 2023-2024* Comparable consolidation scope FY 2023-2024 Reported basis Change at Comparable consolidation scope Change at constant exchange rates Change at constant consolidation scope Change on a like-for-like basis Q3 revenue 31 31 94 2% 4% 2% 4% 9-month revenue 91 92 395 -1% 0% 1% 3% * FY 2023-2024 revenue restated for the PlanetArt and myDevices divisions Eric Gareau, Chief Executive Officer of Claranova commented: "Our performance in the third quarter of FY 2024-2025 reflects Claranova's strategic transformation and highlights the strengths of our software publishing business. Our SaaS model is continuing to gain momentum and is a key driver for improving our profitability and increasing the company's value. We are also actively working on finalizing the agreement to sell PlanetArt, with the aim of closing the sale before the end of June. Confident in our ability to advance to the next stage, we look to the future with resolve, motivated by a renewed ambition to build more profitable and sustainable growth. " Financial calendar: July 31, 2025: FY 2024-2025 revenueOctober 29, 2025: FY 2024-2025 results About Claranova: Claranova is a global leader in e-commerce for personalized objects (photo prints, photo books, children's books, etc.) and software publishing (PDF, Photo and Security). As a truly international group, in 2024 it reported revenue of nearly a half a billion euros, with 95% of this amount originating from outside France. Through its products and solutions sold in over 160 countries, the Group's mission is to "Transform technological innovation into user-centric solutions". By leveraging its digital marketing expertise, AI and the analysis of data from over 100 million active customers worldwide, Claranova develops technological solutions, available online, on mobile devices and tablets, for a wide range of private and professional customers. Operating in high-potential markets, the Group will pursue a growth strategy focused on profitability and operational excellence, in line with its "One Claranova" strategic roadmap. Claranova is eligible for French "PEA-PME" tax-advantaged savings accountsFor more information on Claranova Group: or Disclaimer: All statements other than statements of historical fact included in this press release about future events are subject to (i) change without notice and (ii) factors beyond the Company's control. Forward-looking statements are subject to inherent risks and uncertainties beyond the Company's control that could cause the Company's actual results or performance to be materially different from the expected results or performance expressed or implied by such forward-looking statements. Definitions and calculation methods for alternative performance indicators: "Like-for-like" (organic) growth is defined as the change in revenue at constant structure (scope of consolidation) and exchange rates. "Exchange rate effects" are calculated by applying year N-1 exchange rates to year N revenue. "Consolidation scope effects" are calculated by taking into account acquisitions in the current year, contributions to the current year from acquisitions in the previous year up to the anniversary date of acquisitions and businesses deconsolidated in the current year, minus any contributions from the previous year. By definition, sales for the previous year plus the effects of changes in Group scope of consolidation, exchange rate effects and like-for-like growth for the period correspond to sales for the current year. Percentages for exchange rate effects, Group consolidation scope effects and like-for-like growth are calculated on the basis of the previous year's sales. Appendix Revenue trends including divisions being sold (For information only) Revenue trends by division for Q3 2024-2025: In €m Jan. - Mar. 2025 (3 months) Jan. - Mar. 2024 (3 months) Change Comparable consolidation scope Change at constant exchange rates Change at constant consolidation scope Change on a like-for-like basis PlanetArt 63 61 3% -2% 3% -2% Avanquest 31 31 2% 4% 2% 4% myDevices 2 2 9% 6% 9% 5% Revenue 97 94 3% 0% 3% 0% Revenue trends by division for the first nine months of FY 2024-2025: In €m Jul. 2024 to Mar. 2025 (9 months) Jul. 2023 to Mar. 2024 (9 months) Change Comparable consolidation scope Change at constant exchange rates Change at constant consolidation scope Change on a like-for-like basis PlanetArt 297 296 0% -1% 0% -1% Avanquest 91 92 -1% 0% 1% 3% myDevices 6 7 -8% -8% -8% -8% Revenue 395 395 0% -1% 0% 0% _________________________________1 At constant scope and exchange rates2 Because the myDevices division is henceforth considered as a non-core business, on November 5, 2024, Claranova tasked the investment bank, Canaccord Genuity, with the mission of selling this division. Similarly, on March 3, 2025 Claranova announced that it has entered exclusive negotiations with General Atlantic Credit's Atlantic Park fund, with a view to selling its PlanetArt subsidiary.3 Subject to the PlanetArt sale closing View source version on Contacts ANALYSTS - INVESTORS +33 1 41 27 19 74ir@ FINANCIAL COMMUNICATIONS +33 1 75 77 54 68ir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
13-05-2025
- Business
- Business Wire
Claranova: FY 2024-2025 9-Month Revenue
PARIS--(BUSINESS WIRE)--Claranova (Euronext Paris: FR0013426004 - CLA) reports 9-month revenue for FY 2024-2025 (July 2024 - March 2025), now refocused on Avanquest activities. The myDevices and PlanetArt divisions are no longer included in the Group's scope of consolidation under IFRS 5, as they are currently being sold 2. This quarterly performance thus prefigures the future scope of the Group as a software publishing pure player 3. Avanquest revenue trends: Avanquest reported revenue of €31m for the Q3 2024-2025 (January - March 2025), up 4% at constant exchange rates (+2% at actual exchange rates). After the sale of non-core businesses in Europe in October 2023, this performance is not affected by changes in the scope of consolidation. This growth was driven by the division's developments in the Security segment, which achieved solid gains in the number of subscribers over the period. In addition, the particular focus on improving profitability is also having an impact on PDF and Safety. Over the first 9 months of the fiscal year, revenue reached €91m, up 3% on a like-for-like basis (-1% at actual exchange rates, reflecting the impact of the divestment of non-core activities in FY 2023-2024). The percentage of revenue from proprietary software sold on a SaaS basis rose to €84m (+2%), representing 92% of total revenue (up from 89% last year). This increased share of higher value-added sales will contribute to growth in profitability for the full year. Over the same period, sales from non-core activities fell to 8% of sales, or €7m at the end of March 2025 (versus €10m one year earlier). Claranova revenue trends: * FY 2023-2024 revenue restated for the PlanetArt and myDevices divisions Eric Gareau, Chief Executive Officer of Claranova commented: " Our performance in the third quarter of FY 2024-2025 reflects Claranova's strategic transformation and highlights the strengths of our software publishing business. Our SaaS model is continuing to gain momentum and is a key driver for improving our profitability and increasing the company's value. We are also actively working on finalizing the agreement to sell PlanetArt, with the aim of closing the sale before the end of June. Confident in our ability to advance to the next stage, we look to the future with resolve, motivated by a renewed ambition to build more profitable and sustainable growth. " Financial calendar: July 31, 2025: FY 2024-2025 revenue October 29, 2025: FY 2024-2025 results About Claranova: Claranova is a global leader in e-commerce for personalized objects (photo prints, photo books, children's books, etc.) and software publishing (PDF, Photo and Security). As a truly international group, in 2024 it reported revenue of nearly a half a billion euros, with 95% of this amount originating from outside France. Through its products and solutions sold in over 160 countries, the Group's mission is to " Transform technological innovation into user-centric solutions". By leveraging its digital marketing expertise, AI and the analysis of data from over 100 million active customers worldwide, Claranova develops technological solutions, available online, on mobile devices and tablets, for a wide range of private and professional customers. Operating in high-potential markets, the Group will pursue a growth strategy focused on profitability and operational excellence, in line with its "One Claranova" strategic roadmap. Claranova is eligible for French 'PEA-PME' tax-advantaged savings accounts For more information on Claranova Group: or Disclaimer: All statements other than statements of historical fact included in this press release about future events are subject to (i) change without notice and (ii) factors beyond the Company's control. Forward-looking statements are subject to inherent risks and uncertainties beyond the Company's control that could cause the Company's actual results or performance to be materially different from the expected results or performance expressed or implied by such forward-looking statements. Definitions and calculation methods for alternative performance indicators: 'Like-for-like' (organic) growth is defined as the change in revenue at constant structure (scope of consolidation) and exchange rates. 'Exchange rate effects' are calculated by applying year N-1 exchange rates to year N revenue. 'Consolidation scope effects' are calculated by taking into account acquisitions in the current year, contributions to the current year from acquisitions in the previous year up to the anniversary date of acquisitions and businesses deconsolidated in the current year, minus any contributions from the previous year. By definition, sales for the previous year plus the effects of changes in Group scope of consolidation, exchange rate effects and like-for-like growth for the period correspond to sales for the current year. Percentages for exchange rate effects, Group consolidation scope effects and like-for-like growth are calculated on the basis of the previous year's sales. Appendix R evenue trends including divisions being sold (For information only) Revenue trends by division for Q3 2024-2025: Revenue trends by division for the first nine months of FY 2024-2025: In €m Jul. 2024 to Mar. 2025 (9 months) Jul. 2023 to Mar. 2024 (9 months) Change Comparable consolidation scope Change at constant exchange rates Change at constant consolidation scope Change on a like-for-like basis PlanetArt 297 296 0% -1% 0% -1% Avanquest 91 92 -1% 0% 1% 3% myDevices 6 7 -8% -8% -8% -8% Revenue 395 395 0% -1% 0% 0% Expand _________________________________ 1 At constant scope and exchange rates 2 Because the myDevices division is henceforth considered as a non-core business, on November 5, 2024, Claranova tasked the investment bank, Canaccord Genuity, with the mission of selling this division. Similarly, on March 3, 2025 Claranova announced that it has entered exclusive negotiations with General Atlantic Credit's Atlantic Park fund, with a view to selling its PlanetArt subsidiary. 3 Subject to the PlanetArt sale closing
Yahoo
06-05-2025
- Automotive
- Yahoo
German car parts supplier Continental back in black in first quarter
Nikolai Setzer, Chairman of the Executive Board of Continental AG, speaks at the company's Annual Shareholders' Meeting at the Hannover Congress Centrum (HCC). Moritz Frankenberg/dpa German automotive parts maker Continental AG reported on Tuesday that it has returned to profit in the first quarter following a loss in the same quarter of the previous year, and this was in spite of a slight drop in sales. Continental updated its fiscal 2025 outlook to reflect the planned automotive group spin-off, which has been reported separately as a discontinued operation. In the first quarter, net income attributable to shareholders of the parent was €68 million ($77 million), compared to a loss of €53 million a year ago. Earnings per share were €0.34, compared to a loss of €0.27 last year. Adjusted earnings before interest and taxes (EBIT) were €639 million, with a margin of 6.6%. The company noted that the planned automotive spin-off has led to the mandatory application of international financial reporting standards (IFRS) number 5. Without the application of IFRS 5, adjusted EBIT would have been €586 million, with a 6% margin. In the prior year, adjusted EBIT was €201 million, with a margin of 2.1%. The company noted that the automotive group sector achieved significantly higher earnings year-on-year, despite declining automotive production in Europe and North America. Tyres also recorded a strong improvement in earnings in the first quarter. Consolidated sales were €9.707 billion, down 0.8% from €9.788 billion a year ago. In the first quarter of 2025, the global production of passenger cars and light commercial vehicles was slightly higher year-on-year, improving by around 1% to 21.7 million units. Continental chief executive Nikolai Setzer said, "We made a solid start to the year, significantly improving our earnings for the Continental group in the first quarter compared with 2024, and are confident that we will achieve our annual targets." Looking ahead, for fiscal 2025, for the continuing operations of tyres and ContiTech, Continental expects consolidated sales in the range of around €19.5 billion to €21 billion and an adjusted EBIT margin of around 10.5% to 11.5%. For the discontinued operations of the automotive group sector, Continental expects sales of around €18 billion to €20 billion and an adjusted EBIT margin of around 2.5% to 4%, operationally unchanged and excluding the effects of IFRS 5. The forecasts for sales and adjusted EBIT margin for the individual automotive, tyres and ContiTech group sectors remain unchanged. The company added that the outlook for the year does not take into account any potential impact resulting from possible future trade restrictions.
