JDC Group Reports Record Revenues with Significant Growth

JDC Group AG announced a strong financial performance in the third quarter of 2024, with revenues surpassing EUR 52 million, marking a 36.1% increase from the previous year. For the first nine months of 2024, revenues climbed by 28.7% to EUR 158.2 million. The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 41.4% to EUR 2.3 million, while earnings before interest and taxes (EBIT) surged by 83.7% to EUR 4.6 million.

The Advisortech division notably achieved a 38.6% increase in the third quarter, contributing to a 30.2% growth for the first nine months of the year. The Advisory division also saw a rise of 17.9% in the third quarter, culminating in a 17.2% increase over nine months. Despite challenging economic conditions, JDC expects continued revenue growth through year-end.