High Growth Tech Stocks in France for September 2024
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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.
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Unlock comprehensive insights into our analysis of Esker stock in this health report.
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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.