AMSTERDAM 15.05.2025

We are pleased to update on Team EIFFEL’s (Equipe Holdings 3) annual results for the financial yearend December 2024 and to provide an overview of our performance, strategic initiatives, and key accomplishments.

Throughout the year, we executed several strategic initiatives aimed at strengthening our market position and expanding our capabilities. Notably, we successfully completed the acquisitions of Clafis and Care Effect during 2024, which has significantly enhanced our capabilities in Engineering Consulting and Project Management. We continue to aim to diversify our portfolio and drive sustainable growth.

Looking ahead, we remain committed to our strategic priorities, including (i) accelerate growth in the Netherlands through increased penetration of private sector and public sector clients, (ii) optimise operating model and improve margin performance, (iii) strengthen and improve efficiency in the commercial organisation and (iv) evolve capabilities and develop new offerings.

We look forward to sharing more updates on Team EIFFEL as we progress through 2025. Team EIFFEL’s Q1 results will be released next week.

In 2024, we achieved pro forma (PF) revenue of 352.7 million euros, an increase of 0.4% compared to 351.4 million euros in 2023. Our PF Adjusted EBITDA for the year was 59.2 million euros, representing a decrease of 0.8% versus 59.7 million euros in 2023. As of 31 December 2024, Team EIFFEL’s net leverage ratio is 4.65x.

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