Improvement in revenue in 2018
Econocom Group, a digital transformation specialist, posted 2018 full-year revenue of
€2,846 million, an 8.0% increase, 2.7% of which was organic.
Revenue for the Technology Management & Financing (TMF) business reached
€1,356 million, a slight drop of 1.6%, after a strong increase in the two previous years (9.5% organic growth a year). The basis of comparison was particularly high in the fourth quarter (up 28% in Q4 2017) and the group was selective, focusing on generating cash.