Earnings release
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Press release REGULATED INFORMATION Brussels , 20 October 2026 ЄM Revenue of TMF of P & S of Services econocom LIVE TECH 5 % total growth in Q3 ; Group momentum gradually improving Key figures Q3 2025 YTD restated¹ Reported Q3 2026 YTD change 2,117 2,097 -1.0 % 857 698 -18.6 % 872 1,007 + 15.7 % 388 392 + 0.9 % ¹Restated for changes in discontinued operations as defined by IFRS 5 and changes in accounting policies . Angel Benguigui , CEO of Econocom Group , said : " Econocom posted total revenue growth of 5 % in the third quarter , including 3.4 % on an organic basis . This demonstrates the Group's resilience , supported by the diversity of its businesses , geographies and client base . We are also continuing the Group's transformation with discipline , accelerating the rollout of our higher value - added offerings , notably with the Econocom Infrastructure Solutions domain , while keeping operational excellence as our number one priority . " Ongoing transformation and return to growth in Q3 At the end of September 2026 , Econocom posted year - to - date revenue of € 2,097 million , down 1.0 % on a reported basis ( down 2.6 % on an organic basis ) compared with the first nine months of 2025. The Group returned to growth in the third quarter ( + 5 % ) compared with the same period last year . The coordinated measures implemented since the start of 2026 to mitigate the impact of geopolitical uncertainty and supply chain tensions are benefiting the Group's businesses at different paces . In the first nine months , trends in continuing operations were as follows : • • Technology Management & Financing ( TMF ) posted revenue of € 698 million , down 18.6 % ( vs. - 24.5 % in H1 ) , mainly due to our retained cautious approach related to own booked deals , with a view to containing our net debt . Restated for own booked deals , revenue was down 6.6 % ( vs. 8.0 % in H1 ) . Products & Solutions ( P & S ) delivered strong growth of 15.7 % ( vs. 15.8 % in H1 ) . Revenue reached € 1,007 million , also supported by synergies from the integration of the 2025 acquisitions in audiovisual ( 11.1 % organic growth and 4.6 % from acquisitions ) . Services remained stable , with revenue of € 392 million , up 0.9 % ( vs. 2.4 % in H1 ) . This gradual return to growth confirms the relevance of the Group's strategy in a challenging technology market , pressuring both demand and margins . 1