PRESS RELEASE

La Garde (France), February 28 2022

Sales: 2021€12m (+8% at sc*)

A successful transition for the new management team.

In fiscal year 2021, CIOA generated revenues of €12 million (unaudited figures), up 8% on a comparable basis, broken down as follows

  • Services: 38
  • Industry: 35
  • Licenses & royalties: 27%.

The financial year was also marked by the change in the company's headquarters and the regrouping of all activities on a new 6,000 m2 site, as well as by the change in management at mid-year.

This new management, led by Lionel LUCIDE (General Manager), Loïc LUCIDE (Industry Manager) and Yann ZELINE (Operations Manager), has been working on :

  • To reinforce the added value of the Group's products and services, in a context of economic recovery, while preserving the strategic vision of their founding parents;
  • Develop new operational resources to strengthen the Group's shared platform and pursue the domestic market penetration strategy initiated the previous year;
  • To establish new partnerships, particularly financial ones, to give CIOA a new impetus for the years to come.

These different aspects will be communicated in the coming days.

(*) comparable structure

ABOUT US

About CIOA:

Created in 1994, CIOA is a business engineering group listed on Euronext ACESS (MLCIO) that develops an original system of pooling professional resources to provide its members - public and private organizations of all sizes and sectors - with innovative solutions to adapt to disruptions, create value and carry out complex projects.

To recruit and support users of its platform, CIOA runs a network of co-developers - service providers and value-added resellers - who provide intermediation, guidance and support services to members and assist them in their use of open access resources, to :

  • Doing business internationally,
  • Integrate digital into their business strategies,
  • Industrialize production processes,
  • To carry out unitary real estate projects or volume programs.

Unique in its kind, the CIOA's platform of shared resources responds to the key needs of our rapidly changing society:

  • Increase the resilience of economic operators,
  • Create diverse work opportunities and a motivating environment for freelancers,
  • Facilitate access to low-cost, decarbonized buildings for residential, recreational and professional use everywhere.

GROUPE CIOA106 , impasse Edouard Branly - 83130 LA

Contact : presse@cioa.com

GARDE - FRANCETel

Web : www.cioa.com

: 33(0)4 94 14 12 40 -Email : cioa@cioa.com

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Disclaimer

Groupe CIOA SA published this content on 01 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2022 18:28:04 UTC.