Avvale has announced its economic results corresponding to fiscal year 2024, in which the company reached a turnover of 100 million euros. This figure represents an increase of 30% compared to the previous year, consolidating its position as one of the strongest actors in the sector.
The company has also reported a 12%benefit, which underlines the robustness of its business strategy. In the words of José Manuel Nieto, Managing Partner and member of the Board of Directors, “efficient management and a solid business strategy. This consistent business health provides our clients, suppliers and collaborators for enormous security.”
Nieto points out that these figures are not only a reflection of the good economic moment, but also of the company’s business philosophy. “These figures not only reflect our ability to adapt and grow in a competitive environment, but also our commitment to sustainability and technological innovation,” he said. “In Avvale, we firmly believe that technology is the means to achieve a more sustainable world and more profitable businesses.”
Growth Avvale
The evolution of the template has gone in parallel to this growth. Throughout 2024, the company has gone from 660 to 850 employees, which represents an increase close to 29%. Nieto points out that the challenge of capturing talent is growing, and that joint work with prestigious universities is key in its human resources strategy. “This growth in our template not only reflects our expansion, but also our commitment to quality and excellence,” he said.
The Avvale Group in Iberia reaches a turnover of 100 million euros in 2024, with a benefit of 12%
As for the areas of greatest development, Avvale stands out especially in SAP and Microsoft functional consulting, as well as in their artificial intelligence and data division, which has experienced exceptional advance. These units are being key to strengthening their positioning in the technological market.
Expectations 2025
With an eye on 2025, the company will continue to bet on an inorganic growth strategy. The recent acquisitions of firms such as Axazure, innovating technologies or PMP have expanded their capacity to respond to the market. For this new exercise, the focus will be transferred to the search for new opportunities in Central Europe and the United States.
Economic forecasts for this year are optimistic, with a two -digit growth estimate in the Iberia region. To do this, they will reinforce their commitment to strategic areas such as managed services, generative artificial intelligence, cloud, client experience and sustainability, relying on their solid alliances with the main technological developers of the world
