Stock Analysis

High Growth Tech Stocks In France To Watch This September 2024

ENXTPA:BOL
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As global markets react to the recent Federal Reserve rate cut, European indices have shown mixed results, with France's CAC 40 Index seeing a modest increase. In this context of cautious optimism and evolving monetary policies, identifying high-growth tech stocks in France requires a keen eye on companies that demonstrate strong innovation and adaptability to market conditions.

Top 10 High Growth Tech Companies In France

NameRevenue GrowthEarnings GrowthGrowth Rating
Icape Holding13.63%24.98%★★★★★☆
Cogelec11.32%25.07%★★★★★☆
Valneva28.00%25.49%★★★★★☆
Munic26.68%149.10%★★★★★☆
VusionGroup28.35%82.32%★★★★★★
Oncodesign Société Anonyme14.68%101.18%★★★★★☆
Adocia70.20%63.97%★★★★★☆
beaconsmind28.59%133.36%★★★★★★
Pherecydes Pharma Société anonyme63.30%78.85%★★★★★☆
OSE Immunotherapeutics30.02%5.91%★★★★★☆

Click here to see the full list of 42 stocks from our Euronext Paris High Growth Tech and AI Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Esker (ENXTPA:ALESK)

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 approximately €1.59 billion.

Operations: Esker SA generates revenue primarily from its Software & Programming segment, which accounted for €202.22 million. The company focuses on providing cloud solutions for finance and customer service professionals across various regions.

Esker, a French software company, is poised for significant growth with earnings forecasted to increase by 27.1% annually, outpacing the broader French market's 12.2%. This growth trajectory is supported by a robust R&D focus which has consistently allocated substantial resources to innovation—evident from recent enhancements in its Source-to-Pay suite that integrates sustainability features crucial for compliance with evolving ESG regulations. These strategic advancements not only enhance Esker’s product offerings but also position it advantageously within the high-growth tech sector in France, particularly as industries increasingly prioritize sustainable and efficient operational solutions. Moreover, the proposed acquisition by General Atlantic and Bridgepoint Group at €262 per share underscores the company's substantial market valuation and potential for future expansion, reflecting confidence from major investment entities in Esker’s strategic direction and market position.

ENXTPA:ALESK Revenue and Expenses Breakdown as at Sep 2024
ENXTPA:ALESK Revenue and Expenses Breakdown as at Sep 2024

Bolloré (ENXTPA:BOL)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Bolloré SE operates in transportation and logistics, communications, and industry sectors across multiple continents including Europe, the Americas, Asia, Oceania, and Africa with a market cap of €17.38 billion.

Operations: Bolloré SE generates revenue primarily through its communications segment (€14.86 billion), followed by Bollore Energy (€2.75 billion) and industry activities (€353 million). The company operates across various continents, leveraging multiple sectors for its business operations.

Bolloré SE has demonstrated a remarkable turnaround, reporting a surge in sales from €6.23 billion to €10.59 billion and a net income leap to €3.76 billion, up from just €114 million the previous year. This financial rebound is underpinned by an 8.3% revenue growth rate, outstripping the French market's 5.8%. The company's commitment to innovation is evident in its R&D investments, crucial for sustaining this momentum in a competitive tech landscape. Moreover, with earnings expected to grow by 32.7% annually, Bolloré is strategically positioned for continued expansion in high-demand sectors of the technology industry.

ENXTPA:BOL Earnings and Revenue Growth as at Sep 2024
ENXTPA:BOL Earnings and Revenue Growth as at Sep 2024

Vivendi (ENXTPA:VIV)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Vivendi SE is a global entertainment, media, and communication company with operations spanning France, Europe, the Americas, Asia/Oceania, and Africa; it has a market cap of €10.58 billion.

Operations: Vivendi SE generates revenue primarily through its Canal+ Group (€6.20 billion) and Havas Group (€2.92 billion), with additional contributions from Gameloft (€304 million) and Prisma Media (€303 million). The company's diverse portfolio spans various segments within the entertainment, media, and communication industries across multiple regions.

Vivendi SE has recently shown a promising trajectory in the tech sector, particularly with its revenue growth forecast at 9.4% per year, outpacing the French market's 5.8%. This growth is complemented by an impressive forecast in earnings increase of 30.6% annually, suggesting robust future profitability. The firm’s strategic R&D investments are pivotal, enhancing its competitive edge in a rapidly evolving media landscape. Notably, Vivendi has repurchased shares worth €184 million this year, underscoring confidence in its financial health and commitment to shareholder value.

ENXTPA:VIV Revenue and Expenses Breakdown as at Sep 2024
ENXTPA:VIV Revenue and Expenses Breakdown as at Sep 2024

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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.

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