CIS posted half-year revenue of €238.9 million on a constant currency basis, showing growth of 19.8% compared with the same period in 2024.

On a reported basis, revenue totalled €236.5 million, for growth of 18.6%. This figure included a negative currency impact of €2.4 million, as opposed to a negative impact of €13.0 million in the first half of 2024.

The second quarter of 2025 continued its growth (up 12.3% at constant currency and up 9.2% on a reported basis compared with the second quarter of 2024), driven by the good performance in Africa and Eurasia.

Continued growth in Africa and Eurasia

Africa accounted for 54.7% of revenue (up 22% at constant currency) and Eurasia 42.0% (up 32% at constant currency). The Americas now only represent 3.3% (down 49% at constant currency) as contracts came to an end, especially in the public sector in Brazil.

Outlook

The Group remains confident about attaining its 2025 targets. Our subsidiaries expect continued business growth through this year of consolidation, as operations ramp up for certain major contracts.

CIS is going forward with its geographical diversification, moving into new high-potential regions and analysing any acquisition opportunities in line with its growth strategy.

Next press release: 17 September 2025, after the close of trading: 2025 Half-year results