TELNET Holding Group achieved a 13.2% increase in revenues in 2024, reaching a record 70 million dinars, compared to 61.8 million dinars in 2023.
At the end of December 2024, the activities of the R&D Division had grown by a remarkable 14.8% compared with December 31, 2023. This development is mainly due to the continued increase in the volume of business in the Electronic Banking activity (+11%) and the remarkable growth in the MultiMedia activity (+46%) and the Telecom activity (+32%).
The Telnet Group is thus showing positive overall growth and maintaining solid profitability, with a significant increase in the EBITDA margin, a positive sign of profitability, despite the increase in costs. This means that the Group is managing its costs better than its revenues.
At the end of December, the Group’s EBITDA was 14.1 million dinars, while the company’s EBITDA was 5.4 million dinars. The EBITDA margin was 20.23% for the Group and 66.69% for the Company.
In addition, the company continued its social and environmental achievements in 2024, in line with the sustainable development objectives set out in its Corporate Social Responsibility (CSR)/ESG policy.
