Transfer to Euronext Paris opens new chapter in solutions 30's outstanding stock market journey

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Transfer to Euronext Paris opens new chapter in solutions 30

Euronext, celebrated the transfer of Solutions 30 SE, Europe’s leading provider of new-technology solutions, from listing on Euronext Growth to Euronext Paris (ticker code : S30).

Since its founding in 2003, Solutions 30 has expanded rapidly through a combination of organic and external growth. With more than €680 million in revenue in 2019, annual growth topping 30% over the past decade, and a network of 10,000 technicians, Solutions 30 is now the European leader in rapid-response multi-technology services. Its technicians respond to call-outs across Europe in five main markets: telecoms, energy, IT, security and surveillance, and retail (payment) solutions. Driven by two major structural changes—digital technology and the energy transition—the Solutions 30 group plans to continue its current path to achieve a revenue target of €1 billion in the medium term.

First listed on Euronext Access in 2005 with market capitalisation of €4.5 million, the Solutions 30 group was valued at €56 million when it transferred to Euronext Growth in 2009. Current market capitalisation of €1.5 billion confirms its dynamic growth, as it moves to compartment A of Euronext Paris. This transfer will raise the company’s profile and attract new investors.

Gianbeppi Fortis, Chief Executive Office said: “From the very start, listing has brought Solutions 30 greater visibility and strengthened our credibility with key accounts, which have been critical to our strategy built on fast gains in market share. Today the transfer of our shares to Euronext Paris, the regulated market of Euronext, sets our group on an ambitious path to development and reaffirms our objectives of building on a solid track record to achieve virtuous, sustainable growth.”

Solutions 30 was admitted to listing on Euronext Paris on 23 July 2020 with market capitalisation of €1.5 billion, opening a new chapter in this ambitious, international tech company’s history.

Article Published: 23/07/2020