Bollène (France), June 26, 2025 – 06 :00pm (CET)
Press Release
Update of the 2024 financial statements and Position of the Statutory Auditors
Egide Group (Euronext Growth Paris™- ISIN: FR0000072373 – Ticker: ALGID), worldwide provider of hermetic packages and connectors and heat dissipation solutions for sensitive electronic components, announces today the update of its 2024 financial statements following audit work conducted by its Statutory Auditors.
In a press release dated April 30, 2025, Egide published its 2024 annual results.
Following the audit procedures, additional elements led the Board of Directors, which met today, to proceed with a restatement of the 2024 financial statements.
ADJUSTMENT OF 2024 FINANCIAL STATEMENTSACCOUNTS
As a reminder, the 2024 results are now presented under French GAAP rather than IFRS.
The main changes compared with the initial publication on April 30, 2025, are as follows:
| Revenue (in M€) | 2024 (Updated) |
2024 (as published on 04/30/2025) |
2023* |
| Egide SA | 14.78 | 14.81 | 17.49 |
| Egide USA | 8.29 | 8.29 | 11.61 |
| Santier | 6.93 | 6.94 | 7.6 |
| Egide Group | 30.01 | 30.04 | 36.71 |
* Restated according to French GAAP standards to ensure comparability
CONSOLIDATED RESULTS AS OF DECEMBER 31, 2024
| In M€ | 2024 (Updated) |
2024 (as published on 04/30/2025) |
2023 * |
| REVENUE | 30.01 | 30.04 | 36.71 |
| EBITDA (gross) | -0.44 | -0.49 | -1.02 |
| OPERATING RESULT | -2.02 | -1.95 | -2.74 |
| FINANCIAL RESULT | -0.69 | -0.69 | -0.82 |
| EXCEPTIONAL RESULT | 0.09 | -0.05 | 0.15 |
| Income Taxes | 0.24 | 0.22 | 0.33 |
| NET RESULT – GROUP SHARE | -2.38 | -2.48 | -3.07 |
* Restated according to French GAAP standards to ensure comparability
Main modifications: