TELNET HOLDING Group achieved a 12.1% increase in revenues, from 45 million dinars on September 30 to 50.4 million dinars at the end of September.
R&D activities grew by a remarkable 14.6%. This growth is essentially due to the continued increase in the volume of business in the Electronic Banking activity (+10.3%) and the remarkable growth in the Multi-Media activity (+36%) and the Telecom activity (+28%).
As at September 30, 2024, the Group’s EBITDA amounted to 10.1 million dinars, while the EBITDA margin reached 20.07%.
The Telnet Group shows positive overall growth and continued solid profitability. The significant increase in the EBITDA margin is a positive sign for profitability, despite the increase in costs.
This shows that the Group is succeeding in better managing its costs in relation to its revenues.
