SQLI has announced strategic acquisitions to bolster its position in the digital experience market, targeting significant growth and profitability improvements for 2024.

Information on the Target

SQLI, a prominent player in the digital experience market, reported a sequential improvement in its financial results throughout 2023. The company's consolidated revenues reached €251.2 million, marking a 2% increase year-on-year. Notably, SQLI has experienced three consecutive years of growth, driven by equal contributions from France and international markets.

Despite a slight decrease in current operating income, which fell by 4%, the company showed resilience with profitability showing signs of recovery in the latter half of the year. Driven by strategic initiatives, SQLI has laid robust groundwork for further growth, consolidating its organizational structure and investing in technological capabilities and service centers.

Industry Overview in France

In recent years, the digital experience sector in France has witnessed significant transformation, with innovative technologies and solutions changing the competitive land