TELNET Holding Group has announced a 13.2% increase in revenues for 2024, reaching a record 70 million dinars, compared to 61.8 million dinars in 2023. This growth reflects the company’s positive performance across its various business activities.
The R&D Division saw significant growth, with a 14.8% increase in activity compared to the previous year. The company’s Electronic Banking division grew by 11%, while the MultiMedia activity saw a remarkable 46% growth, and the Telecom activity grew by 32%. This expansion across key sectors contributed to the Group’s overall growth.
Despite rising costs, TELNET Holding Group maintained solid profitability, with a significant increase in EBITDA. The Group’s EBITDA reached 14.1 million dinars, and the company’s EBITDA amounted to 5.4 million dinars. The Group’s EBITDA margin stood at 20.23%, while the company’s EBITDA margin was an impressive 66.69%.
TELNET also made notable strides in its Corporate Social Responsibility (CSR) and Environmental, Social, and Governance (ESG) initiatives in 2024, further reinforcing its commitment to sustainable development.
