close
close

Gottagopestcontrol

Trusted News & Timely Insights

High-growth tech stocks in France for August 2024
Alabama

High-growth tech stocks in France for August 2024

The French market has seen a rebound in business activity thanks to the Paris Olympics, even though the European economy as a whole is sending mixed signals and manufacturing is still contracting. Against this backdrop, high-growth technology stocks in France offer interesting opportunities for investors looking to capitalize on sectors that thrive on innovation and economic resilience.

The 10 fastest growing technology companies in France

name

Sales growth

Profit growth

Growth assessment

Icape Holding

16.18%

35.08%

★★★★★☆

Cogelec

11.32%

24.06%

★★★★★☆

VusionGroup

21.32%

25.74%

★★★★★★

Munich

26.68%

149.17%

★★★★★☆

Adokia

59.08%

63.00%

★★★★★★

Oncodesign Society Anonymous

14.68%

101.18%

★★★★★☆

Valneva

24.22%

28.34%

★★★★★☆

Pherecydes Pharma Société anonymous

63.30%

78.85%

★★★★★☆

OSE immunotherapeutics

30.02%

5.91%

★★★★★☆

Subscribe

31.75%

106.73%

★★★★★★

Click here to see the full list of 44 stocks from our Euronext Paris High Growth Tech and AI Stocks screener.

Let’s take a look at some of the best options from the screener.

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Bolloré SE operates in the transport and logistics, communications and industry sectors on several continents, including Europe, the Americas, Asia, Oceania and Africa, and has a market capitalization of 16.08 billion euros.

Operations: Bolloré SE generates its revenue mainly in the communications sector (14.87 billion euros), followed by Bollore Energy (2.75 billion euros) and the industrial sector (352.70 million euros). The company operates on several continents, including Europe, America, Asia, Oceania and Africa.

Bolloré’s recent performance shows significant growth: profits rose 72.3% last year and forecast annual profit growth is 32.8%. Sales are expected to grow 8.3% annually, outperforming the French market average of 5.8%. The company reported sales of €10.59 billion for the first half of 2024, a significant increase from €6.23 billion last year, while net profit rose from €114 million to €3.76 billion. In particular, Bolloré has invested heavily in research and development to drive innovation and maintain its competitive advantage in the technology sector.

ENXTPA:BOL Breakdown of Revenue and Expenses in August 2024ENXTPA:BOL Breakdown of Revenue and Expenses in August 2024

ENXTPA:BOL Breakdown of Revenue and Expenses in August 2024

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sword Group SE offers IT and software solutions worldwide with a market capitalization of EUR 292.40 million.

Operations: Sword Group SE operates worldwide in the field of IT and software solutions. The company generates revenues in various segments and focuses on providing comprehensive technology services to its customers.

Sword Group has delivered a solid performance, with revenues increasing to €156.89 million in the first half of 2024 from €146.12 million last year. Despite a decline in net profit from €12.87 million to €10.16 million, the company is forecast to achieve annual profit growth of 18.5%, outperforming the French market at 12.3%. Its commitment to innovation is reflected in significant investments in research and development, driving future growth and competitive advantage in technical solutions for diverse industries such as finance and healthcare.

ENXTPA:SWP Breakdown of Revenue and Expenditure in August 2024ENXTPA:SWP Breakdown of Revenue and Expenditure in August 2024

ENXTPA:SWP Breakdown of Revenue and Expenditure in August 2024

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Vivendi SE is an entertainment, media and communications company with operations in France, Europe, the Americas, Asia/Oceania and Africa and a market capitalization of €10.12 billion.

Operations: Vivendi SE generates revenues primarily from the Canal+ Group (EUR 6.20 billion), Havas Group (EUR 2.92 billion) and Gameloft (EUR 304 million) segments. There are also contributions from Prisma Media (EUR 303 million) and Vivendi Village (EUR 151 million). The company also invests in new initiatives, which brought in EUR 176 million.

Vivendi’s revenues rose to €9.05 billion in the first half of 2024 from €4.70 billion last year, a strong increase of 92.6%. Although net profit fell from €174 million to €159 million, the company is forecast to grow profits by an impressive 30.6% per year, outpacing the French market at 12.3%. Significant investment in research and development is evident, with spending driving innovation across its various media segments, ensuring competitive advantage and future growth potential in technology-led solutions for clients such as Canal+.

ENXTPA:VIV earnings and revenue growth in August 2024ENXTPA:VIV earnings and revenue growth in August 2024

ENXTPA:VIV earnings and revenue growth in August 2024

Key findings

  • Get a detailed overview of all 44 high-growth technology and AI stocks on Euronext Paris with our screener here.

  • Are you interested in these stocks? Improve your management by using the Simply Wall St. portfolio, which offers intuitive tools to help you optimize your investment results.

  • Grow your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.

Looking for a new perspective?

This Simply Wall St article is of a general nature. We comment solely on historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.

Companies discussed in this article include ENXTPA:BOL, ENXTPA:SWP and ENXTPA:VIV.

Do you have feedback on this article? Are you interested in the content? Contact us directly. Alternatively, send an email to [email protected]

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *