Supplier Evolution has revealed its Q2 2024 financial results, highlighting a 15.9% increase in revenue year-over-year to €508.4m ($553.3m), bringing its H1 2024 revenue figure up to the €1bn mark.
Q2 EBITDA also saw an upswing of 10.9% year-over-year to €345.8m – with the figure for the first half of the year also up by 13% to €691.5m. Further, the EBITDA margin for Evolution’s initial half of 2024 settled at 70.3%.
Profit margins decreased to 52.9% in the supplier’s second quarter this time around, compared to the Q2 2023 figure of 59.9%. However, profit generated for the period saw a relative increase of 1.9% year-over-year to €269.1m. Profits reported are also up by 4.5% year-over-year for H1 2024 to €538.3m.
