Cegid has been restrained since leaving the Paris Stock Exchange in 2017. However, within five years, the specialist in salary management, human resources, accounting, finance has changed. «Listing elsewhere allowed us to transform in depth without being pressured by quarterly publications“, Concludes Cegid CEO Pascal Houllon.
The group has switched to selling the software to switch to SaaS only mode (Software as a service), it has doubled its turnover to around € 700 million, reaching about fifteen annual purchases, including last year from Talentsoft և
Notilus this year. And he intends to continue his momentum in order to have 1.3 billion in revenue in 2026.
There are not only start-up companies in the start-up Nation, there is also the next step – the international group, we are a part of it.
Pascal Houllon, CEO of Cegid
To achieve this, Cegid, which already has about 350,000 corporate clients, focuses primarily on external and international growth. «We are profitable և we finance our achievements…
Source: Le Figaro
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.