NEURONES: management transactions · France · AMF

About NEURONES

NEURONES is a leading French consulting and digital services group listed on Euronext Paris under ISIN FR0004050250 and ticker NRO. The company supports large corporates and organizations in their digital initiatives, the transformation of IT infrastructures and the adoption of new digital uses. It is positioned on major structural themes such as artificial intelligence, data, cloud computing, cybersecurity and IT modernization. At the end of 2025, NEURONES employed more than 7,300 specialists and reported revenue of €857.2 million, up 5.8% year on year, including 5.1% organic growth, in a market that was still declining. Founded in 1983, the group has built its growth gradually through a mix of organic expansion and targeted acquisitions. Its business model is organized around two main pillars. The first is consulting, covering strategy, management, organization, digital transformation, digital marketing and HR transformation. The second is digital services, which include the design, integration, operation and securing of IT environments for clients. This dual structure allows NEURONES to address both the advisory phase and the execution phase of transformation programs. NEURONES stands out for its focus on large enterprise accounts and its value proposition built on responsiveness, flexibility and pragmatic delivery. The company also highlights strong financial discipline: in 2025, it generated €62.2 million of free cash flow and ended the year with €336.6 million of net cash, excluding IFRS 16 lease liabilities, or roughly €14 per share. That balance sheet strength supports shareholder returns, with a proposed dividend of €1.40 per share for 2025. Geographically, NEURONES is primarily based in France, which remains its historical and core market, although its services can support organizations with international operations. The company is also recognized within Euronext Tech Leaders, underlining its positioning in technology-enabled services. Recent highlights include its 2025 results, which confirmed profitable growth, a normalization of operating profitability in the second half of the year, and a constructive outlook for 2026 driven by AI, data, cloud and cybersecurity trends.