Austriacard Holdings is on a growth track, as the company’s CEO, Manolis Kontos, said during an analysts’ briefing.
“We are likely to exceed our 2024 guidance of 10% revenue growth and 12% EBITDA growth, as our strategy to enhance operational synergies and digital transformation technologies have driven growth,” Kontos noted, adding that “the group’s first-half figures increased significantly, with digital transformation technologies and document lifecycle management revenues quadrupling.”
EXPANSION ABROAD
Kontos said the company’s goal is to continue its expansion into new markets such as:
– Turkey
– Middle East
– America
– Africa
as “there are high growth expectations in these regions”. In addition, Kontos pointed out the role of neo banks (e.g. Revolut), where Austriacard products are preferred, such as payment cards.
Author: Ioanna Dragona
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