The Greek Deal.com
AUSTRIACARD
Increase in revenue and profitability in the first half of 2024
Austriacard Holdings has recorded an increase in revenue and profitability in the first half of 2024, mainly due to the growth of the technology sector.
Net profit of €5 million in the quarter
A rise of 1.4% to €89.7 million in adjusted revenue for Austriacard in the first quarter of 2024 was attributed to the expansion of the Digital Transformation Technologies division.
Acquired British LSTech for €1.6 million
Austriacard valued the UK-based research and data analytics company LSTech at €1.6 million when it announced on Tuesday that it had acquired 100% of its shares.
15.05% to special investors
The shareholders of Austriacard Holdings AG allocated 15.05% of the company's share capital to special investors, increasing the shares' percentage of distribution
Signed a financing agreement of €186.6 million
Part of the funds will be used for refinancing existing loans from various subsidiaries of the Company