Cegedim Reports 1.1% LFL Revenue Growth in 2025

Cegedim, a technology and services group, reported a like-for-like revenue increase of 1.1% for 2025, amounting to €649.2 million, despite a 1.5% decrease in Q4. The growth was driven by healthcare professionals internationally, and e-business and Cegedim Santé in France, despite weaker pharmacy sales in France and abroad.

For 2025, the company faced challenges in the pharmacy segment in France, leading to restructuring efforts that impacted growth. However, HR, Cloud, e-business, and insurance sectors saw solid growth. Cegedim confirmed its full-year target of at least 15% growth in adjusted operating income.

Notably, Cegedim's e-business division saw a strong performance with a 9.1% increase in Q4 revenue, driven by France's invoicing and procurement segment. Additionally, the international businesses showed resilience with like-for-like growth, particularly in the UK and Spain.