Yahoo Finance High Growth Tech Stocks in France for September 2024
In recent weeks, the French market has mirrored broader European trends, with the CAC 40 Index experiencing a notable decline amidst renewed fears of global economic slowdown. Despite this challenging environment, high-growth tech stocks in France continue to attract attention for their potential to outperform through innovation and robust business models. When evaluating tech stocks in such volatile conditions, it's crucial to consider companies with strong fundamentals, innovative capabilities, and resilience against market fluctuations.
Top 10 High Growth Tech Companies In France
Name | Revenue Growth | Earnings Growth | Growth Rating |
|---|---|---|---|
Icape Holding | 12.59% | 27.33% | ★★★★★☆ |
Cogelec | 11.33% | 23.96% | ★★★★★☆ |
VusionGroup | 21.32% | 25.74% | ★★★★★★ |
Munic | 26.68% | 149.10% | ★★★★★☆ |
Adocia | 59.08% | 63.00% | ★★★★★★ |
Oncodesign Société Anonyme | 14.68% | 101.18% | ★★★★★☆ |
Valneva | 24.22% | 28.34% | ★★★★★☆ |
beaconsmind | 28.59% | 133.36% | ★★★★★★ |
Pherecydes Pharma Société anonyme | 63.30% | 78.85% | ★★★★★☆ |
OSE Immunotherapeutics | 30.02% | 5.91% | ★★★★★☆ |
Here we highlight a subset of our preferred stocks from the screener.
Esker
Simply Wall St Growth Rating: ★★★★★☆
Overview: Esker SA operates a cloud platform for finance and customer service professionals in France and internationally, with a market cap of €1.39 billion.
Operations: Esker SA generates revenue primarily from its Software & Programming segment, which accounts for €190.92 million. The company focuses on providing cloud-based solutions for finance and customer service professionals across various regions.
Software firms are increasingly moving to SaaS models, ensuring recurring revenue from subscriptions. Esker stands out with its commitment to innovation, particularly in its Source-to-Pay suite, which now integrates sustainability features. The company’s R&D expenses have been substantial, accounting for €11 million ($12 million) last year, reflecting a focus on long-term growth and technological advancement. Despite a 16.8% earnings decline last year, Esker's forecasted earnings growth of 25.9% per year and revenue growth of 11% per year highlight strong future potential in the French tech landscape.
Unlock comprehensive insights into our analysis of Esker stock in this health report.
Gain insights into Esker's historical performance by reviewing our past performance report.
Lectra
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Lectra SA provides industrial intelligence solutions for the fashion, automotive, and furniture markets across Northern Europe, Southern Europe, the Americas, and the Asia Pacific with a market cap of €1.07 billion.
Operations: Lectra SA generates revenue through its industrial intelligence solutions, with significant contributions from the Americas (€172.65 million) and Asia-Pacific (€118.54 million). The company operates across various global markets, focusing on fashion, automotive, and furniture sectors.
Lectra, a prominent player in the tech and software sector, recently reported half-year sales of €262.29 million, up from €239.55 million the previous year. Despite a net income dip to €12.51 million from €14.47 million, its earnings are forecasted to grow at an impressive 29.3% annually over the next three years, outpacing the French market's 12.3%. The company’s R&D expenses highlight its commitment to innovation, with significant investments ensuring future growth in a competitive landscape.
VusionGroup
Simply Wall St Growth Rating: ★★★★★★
Overview: VusionGroup S.A. offers digitalization solutions for commerce across Europe, Asia, and North America and has a market cap of approximately €2.27 billion.
Operations: VusionGroup S.A. generates revenue primarily from installing and maintaining electronic shelf labels, with this segment contributing €801.96 million. The company operates across Europe, Asia, and North America.
VusionGroup's earnings are projected to grow at 25.7% annually, significantly outpacing the French market's 12.3%. Its revenue is forecasted to increase by 21.3% per year, driven by innovative digital shelf label (DSL) technology and partnerships with major clients like Ace Hardware and Hy-Vee. The company has invested heavily in R&D, with expenditures reaching €32 million last year, ensuring a robust pipeline of tech-driven solutions that enhance retail operations and customer experiences.
Click to explore a detailed breakdown of our findings in VusionGroup's health report.
Examine VusionGroup's past performance report to understand how it has performed in the past.
Turning Ideas Into Actions
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include ENXTPA:ALESK ENXTPA:LSS and ENXTPA:VU.
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