2024 Annual Revenue

Another year of sustained growth: up 36% at constant currency

CIS exceeds €400 million in revenue

CIS posted revenue of €443.5 million on a constant currency basis for the 2024 financial year, showing growth of 36.0% (29.6% on a reported basis, i.e. €422.8 million).

Two years after passing the milestone of €300 million in revenue1, the Group cleared the mark of €400 million in revenue for the first time.

Growth was buoyant throughout the year (up 35.3% in the fourth quarter at constant currency) and was further bolstered by the currency markets, which were less unfavourable than in 2023. The currency effect was negative in 2024, at €20.7 million, an improvement on the negative impact of €32.9 million in 2023.

Contribution to growth from all regions

Revenue by operating region broke down as follows:

Outlook

The Group’s strong growth stems from its vast experience spanning more than 30 years, which has enabled it to gain in-depth knowledge of the environments where its clients operate.

Based on this detailed understanding, the Group has developed an integrated, innovative and responsible range of accommodation and catering services for remote sites, CIS’s core business, as well as facility and utility management services (facility maintenance, flow management systems, wastewater treatment, cleaning services, etc.).

The recent business wins (Kazakhstan, Ivory Coast , Algeria) and the renewal of two major contracts in Sub-Saharan Africa at the end of December2 2024, totalling $91 million, will contribute to business growth in 2025.

In line with its strategy to diversify its geographical locations and expand its range of services, CIS remains on the lookout to seize any acquisition opportunities.

About CIS

For more than 30 years, CIS has been managing remote sites in the four corners of the globe, in the most isolated onshore and offshore environments. The Group supports major players in energy, mining, construction and institutions and governments through every step of their projects.

As a service integrator, CIS provides turnkey solutions to bring all of its residents well-being, comfort and a friendly atmosphere, so that its customers can focus on their core businesses.

The Group is committed to the sustainable development of the countries where it operates, by hiring, training its staff, forming partnerships with suppliers close to its sites, and engaging in local community initiatives.

CIS’s approach is proactive, based on innovation and continuous improvement to reduce its impact on the environment. Every day, the Group works to improve its practices and guarantee its transparency.

For more information, go to: www.cis-integratedservices.com
Euronext Growth Paris: ISIN FR0000064446 / Reuters: ALCIS.PA – Bloomberg: ALCIS:FP

Next press release results: 16 April 2025, after the close of trading: 2024 annual