EQS-Adhoc: Incergo S.A.: Incergo delivers €1.4m revenue in the first half of 2023

EQS-Ad-hoc: Incergo S.A. / Key word(s): Half Year Results
   Incergo S.A.: Incergo delivers €1.4m revenue in the first half of 2023

   29-Sep-2023 / 10:00 CET/CEST
   Disclosure of an inside information acc. to Article 17 MAR of the
   Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS
   Group AG.
   The issuer is solely responsible for the content of this announcement.

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   Incergo delivers €1.4m revenue in the first half of 2023

   Vienna, 29 September 2023 – Incergo S.A. (“Incergo”), the
   franchise-focused company which debuted on the Vienna Stock Exchange in
   November 2022, has reported its first revenue of €1.4m, through Vendo Ltd,
   which it acquired last year. UK-based Vendo Ltd is a wholly owned
   subsidiary of Incergo. It operates through a nationwide network of
   experienced franchisees, who provide commercial vehicle cleaning services.
   It is the first of a mix of businesses that Incergo plans to acquire over
   the coming years.

   A franchisor business that provides streamlined corporate systems and
   services to customers and franchisees, Incergo embraces a number of
   principles which the Directors believe provide competitive advantage.

   Firstly, it is committed to maintaining the entrepreneurial spirit and
   unique culture of the businesses it acquires. Secondly, Incergo’s flat
   structure and nimble approach means that decisions can be made quickly
   based on changes to market conditions or client demands.  Thirdly, the
   group is highly diversified across service offering, geography and sector
   vertical. As further acquisitions continue, this diversification will
   increase. One of the benefits of maintaining individual company autonomy
   is that each business is its own profit and cost centre and thus risk is
   hived down to that level.

   Eyeing strategic acquisition opportunities that align with the company’s
   core values and business objectives, Incergo will in the coming months
   identify and engage with synergistic businesses in the franchise sector
   that complement their existing portfolio. These acquisitions will not only
   accelerate growth but also open new industries for Incergo.

   Darren Taylor, Chair, Incergo S.A. said: “As the company moves into the
   rest of the fiscal year, we are focused on a dual-pronged approach,
   targeting both organic and acquisition growth within the franchise sector.
   The company’s commitment to organic growth involves a deepened dedication
   to nurturing and expanding our existing franchise operations. In parallel,
   Incergo aims to leverage the opportunities provided by the Vienna Stock
   Exchange to move up the exchange tiers, and also explore cross listing
   opportunities in Europe where the opportunity arises. Our organic and
   acquisition growth drive for the next half year will be instrumental in
   achieving this goal.”

   The complete 2023 half-year report is available on the Group’s website at:
   https://www.incergo.net/financial-reports

   A German translation of this announcement is attached.

   Eine deutsche Übersetzung dieser Ankündigung ist beigefügt.

    

    

   Contacts for IR and media enquiries:

   Incergo S.A, Charlotte Williams, [email protected], +44 (0)770 396 3953

    

    

   About Incergo S.A.

   Incergo S.A (ICG) brings together a wide range of profitable, best in
   class businesses with a unique formula for growth. The Company’s business
   strategy is a holding company that acquires companies that are master
   franchise businesses.

   https://www.incergo.net/

    

    

    

    

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   distribution service of RNS, part of the London Stock Exchange. Terms and
   conditions relating to the use and distribution of this information may
   apply. For further information, please contact [1][email protected] or
   visit [2]www.rns.com.

   End of Inside Information

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   29-Sep-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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   Language:    English
   Company:     Incergo S.A.
                25C boulevard Royal
                2449 Luxembourg
                Luxemburg
   E-mail:      [email protected]
   Internet:    www.incergo.net
   ISIN:        LU1917297225
   Listed:      Vienna Stock Exchange (Vienna MTF)
   EQS News ID: 1737551


    
   End of Announcement EQS News Service


   1737551  29-Sep-2023 CET/CEST

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