EarningsThe weak top-line resulted in a c.16.6% y/y organic drop in EBITDA in Q2.
Financial PerformanceThe company lowered its 2024 guidance, cutting adj. EBITDA by about 7%.
Revenue GrowthGroup revenue growth decreased by 0.2% organic y/y with the robust performance from Digital Trust more than offset by a weak Cybersecurity and Business Innovation, which was negatively impacted by political volatility in France and a delay in the implementation of the Transition 5.0 scheme by the Italian government.