Compagnie du Cambodge (CBDG) H2 2024 earnings summary

Executive summary

• Consolidated revenue reached €31.3 million in 2024, up from €0.2 million in 2023, driven by the acquisition of Financière Moncey and its subsidiaries as a result of recent mergers.

• Net income rose to €45.7 million in 2024 from €33.3 million in 2023, with group share at €40.3 million versus €31.0 million.

Financial highlights

• Operating income improved to €2.5 million in 2024 from a loss of €1.3 million in 2023, reflecting improved profitability and the impact of the IER Group acquisition.

• Financial income increased 24% year-over-year to €54.1 million, mainly from higher dividends and interest income due to rising interest rates.

• Proposed dividend of €1.80 per share for 2024, totaling €109 million, up from €101 million in 2023.

Outlook and guidance

• Audit procedures for 2024 consolidated accounts are ongoing, with certification pending management report review.