Econocom Group SE 2019 AR2
The report highlights Econocom's performance in 2019, a pivotal year where the company returned to growth with a 14% increase in recurring operating profit to €126.2 million. Econocom launched a major transformation plan to refocus on its historic Technology Management & Financing (TMF) business and synergistic activities, while implementing a €96.5 million cost-saving plan. In terms of sustainability, the company adopted a new CSR strategy, focusing on the circular economy, reducing its IT equipment energy consumption by 28%, and partnering with social economy enterprises to recondition 80% of its IT equipment.
Company: Econocom Group SE
Sector: Technology & telecommunications
Country: Belgium
Year: 2019
Type: AR2
Pages: 300
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Econocom Group SE
Annual Report
The report highlights Econocom's performance in 2019, a pivotal year where the company returned to growth with a 14% increase in recurring operating profit to €126.2 million. Econocom launched a major transformation plan to refocus on its historic Technology Management & Financing (TMF) business and synergistic activities, while implementing a €96.5 million cost-saving plan. In terms of sustainability, the company adopted a new CSR strategy, focusing on the circular economy, reducing its IT equipment energy consumption by 28%, and partnering with social economy enterprises to recondition 80% of its IT equipment.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees