Solutions30 to phase out major French fibre contract by second half of 2026

Corporate Action
โดย GlobeNewswire·Read original
Summary · why it matters

Solutions30 is continuing to reduce its exposure to the mature French fibre deployment market, with the gradual cessation of a major contract during the second half of 2026. This contract, which had turned to a negative operating margin, accounted for approximately 38% of Solutions30's revenue in France and 13% of the Group's consolidated revenue for the 2025 financial year. The share of Connectivity activities in the company's French revenue has already fallen from 72% in 2022 to 45% in 2025. The move is part of a strategic repositioning towards more promising markets such as energy and technology services. Antoine Mirabel, CEO of French operations, stated that the decision will significantly impact French revenue but will reduce dependence on a mature market with unsatisfactory profitability levels.

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Solutions 30 SE
S30
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Phase-out of major French fibre contract reducing revenue by 38% in France and 13% group-wide.