OPmobility (OPM) AGM 2025 summary

Opening remarks and agenda

• Emphasis on innovation, sustainability, and global market presence, with a focus on the U.S. as a key growth region for 2024 and 2025.

• Strategic pillars highlighted: geographic balance, client portfolio diversification, and adaptation to all mobility types.

• President Laurent Burelle and executive team opened the meeting, emphasizing agility and resilience in a challenging mobility market.

Financial performance review

• Revenue grew from €7.7bn to €11.7bn between 2020 and 2024, outperforming a declining market.

• 2024 consolidated revenue reached €10.5bn, up 2.8% at constant scope and exchange rates.

• Operating margin rose to €440m (+11.4% vs. 2023), net income group share at €170m (+4.2%).

• Free cash flow improved to €246m (+8.3%), and liquidity reached €2.4bn at year-end 2024.

• Q1 2025 revenue up 3%, with strong performance in Europe and Asia, but seasonal underperformance in North America.

Board and executive committee updates

• Board composition is 50% women, 42% independent directors, and includes two employee representatives.

• New board member Martin Krivian appointed as employee representative in June 2024.

• Three specialized committees: audit, remuneration, and nominations/CSR, all chaired by independent directors.

• Renewal of Elisabeth Ourliac's mandate as director approved.