LLYC's operating revenue grows 12% in the first half of 2024, driven by acquisitions

From GlobeNewswire: 2024-10-15 13:03:00

LLYC closed the first half of 2024 with an operating revenue of 43.2 million euros, a 12% increase from last year. The acquisition of Lambert in the U.S. drove business growth, with total income reaching 54.5 million euros. The firm recorded a 16% EBITDA margin, signaling a record-breaking semester in investments.

The acquisition of Lambert has strengthened LLYC’s presence in the U.S., the main market sector for the firm. Integration progress has led to new management structure adjustments, focusing operations on the East Coast, Florida, and the Midwest. Acquisitions of Dattis in Colombia and Zeus in Spain have further contributed to growth.

LLYC invested 30 million euros in acquisitions in the first half of 2024, including Lambert, Dattis, and Zeus. The company secured a syndicated financing agreement of 47 million euros to support these investments. LLYC maintains a solid financial position, with a debt ratio below 1.5x EBITDA, aligning with market commitments.

The firm’s strategic focus in 2024 includes investment and transformation, highlighted by new organizational models and recent acquisitions. LLYC emphasizes innovation, creativity, and talent to drive future growth, especially in key markets like the U.S. Recent contracts with major clients reinforce LLYC’s position as a crucial partner in marketing solutions.



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