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.

• Strategic pillars highlighted: geographic balance, client diversification, and adaptation to new mobility trends.

• 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 since 2020, with 2.8% growth in 2024 despite a 1.2% market decline.

• 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 net debt remained stable with a leverage ratio of 1.7x.

• Q1 2025 revenue reached €3bn, up 3%, outperforming the market by 1.8 points.

Board and executive committee updates

• Board features 50% gender parity and 42% independent directors as of December 2024.

• New employee representatives joined the board in 2024.

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

• Three specialized committees: audit, remuneration, and nominations/CSR.