Fiducial Office Solutions 2024 Annual Review

Fiducial Office Solutions reported consolidated revenue of €205.1 million for the financial year 2024, down 7.7% compared to the previous year. This decline is mainly attributed to lower volumes and inflation. In France, GDP growth stagnated at 1.1% and inflation fell to 1.1%. The market was impacted by a structural decline in office supplies sales.

In Belgium and Luxembourg, sales also declined, particularly in the paper and IT consumables segments. The group's margin fell by 3% despite an improvement in margin rates. Cost adjustments were achieved through a reduction in operating expenses.

The digital transformation is progressing with the deployment of a new web platform and a modernized website for Belgium and Luxembourg. This transition supports the optimization of digital sales.

The operating result decreased to EUR 1.9 million, while the consolidated net result amounts to EUR 2.4 million. The financial position remains solid with equity of EUR 81.7 million.

For 2025, Fiducial Office Solutions is targeting a turnover of 208 million euros, despite an uncertain macroeconomic environment, by focusing on expanding its offering and controlling costs.