Claranova shares outlook for post-PlanetArt business
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Fresh off its divestiture of its PlanetArt personalized printing business, Claranova unveiled the broad outlines of its medium-term growth strategy and its financial objectives for 2028, following its refocusing on its most profitable activities. The company said it is positioned as a challenger in three strategic segments, namely Utilities, PDF, and Photo, and the group relies on 100% proprietary technologies. This new scope allows the group to adopt a more transparent, more profitable model that is better positioned to take advantage of its technological strengths, its user base, and the dynamics of the software market, according to a press release. This new configuration is accompanied by a consolidation of the financial situation, with a significant improvement in the operating margin (around 20% ), a sharp reduction in debt (68% reduction in debt) and net leverage brought down to around 1.5.
Claranova’s revenue for the 2024-2025 financial year (July 2024-June 2025) relates exclusively to Avanquest’s activities, which amounts to €118 million, a slight increase of 1% at constant scope and exchange rates (-3% at actual exchange rates), despite a lower performance in the 4th quarter of 2024/2025 (-4% at constant scope and exchange rates), notably linked to a very unfavorable exchange rate over the period and a customer acquisition focused on profitability.
Over the financial year, the share of higher-margin strategic activities, mainly related to sales of proprietary software in SaaS mode, represented 93% of revenue (91% last year) and remained stable compared to last year at €110 million. Non-core activities continued to decline, reaching €8 million compared to €11 million last year. The sale of these activities remains an objective for the Group and should be completed by the end of the 2025-2026 financial year.
Changes in Claranova’s return:
