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We confirm our sustained growth in the first half of 2024, with a revenue growth of 10.9%.

We closed the first half of 2024 with results reflecting a solid business performance. Revenues amounted to 128.4 million euros, a growth of almost 11% compared to the same period of the previous year, especially highlighting the 54.0% fulfilment of the annual target of the 2023-2024 Business Plan. The diversification of our offer and our ability to adapt to current technological needs have been key to this good performance during the first half of the year.

EBITDA and net profit remained at similar levels to the previous year, with a key focus on attracting and retaining talent, which is necessary to carry out our activity and support the Group’s growth plans.

Ignacio Cabanas, Altia’s Chief Financial Officer, said: “the results of the first half of the year confirm the value of our business model: revenues are growing at double digits, our profits are maintained and we continue to strengthen our balance sheet through growth in equity and debt reduction without losing reasonable cash levels. At the same time, we are making the necessary investments to secure our growth in the coming years”.

Altia continues to focus on key markets for us, with an increasingly significant presence in Spain, Portugal and the rest of Europe. In addition, the global IT sector, which has shown sustained growth in recent years, allows us to strategically position ourselves to continue growing and developing our expansion plans in new territories and markets.

Our strong position will allow us to continue to invest in new business opportunities and maintain our commitment to sustainability and value creation for all our stakeholders.

H1 2024 performance

Business Plan fulfilment

54,0%

Turnover

128,4 m

10,9% more then in 1H2023

EBITDA

11,8 m

Net profit

m