European market sentiment appears optimistic, particularly benefiting tech stocks, with France’s CAC40 index up nearly 4% on the back of expectations for rate cuts and new stimulus from China. In this favorable environment, identifying high-growth tech stocks requires a focus on innovation and market adaptability to take advantage of current economic trends.
Top 10 high-growth technology companies in France
name
increase in revenue
revenue growth
growth assessment
icape holding
17.24%
33.91%
★★★★★☆
Arcos
25.98%
77.41%
★★★★★☆
Valneva
28.00%
25.49%
★★★★★☆
vision group
28.35%
81.78%
★★★★★★
munik
26.73%
149.96%
★★★★★☆
Oncodesign Association Anonymous
14.68%
101.18%
★★★★★☆
Adsia
70.20%
63.97%
★★★★★☆
Valbiotis
33.52%
39.79%
★★★★★☆
warn
28.59%
133.36%
★★★★★★
Phorecydes Pharma Société Anonymous
63.30%
78.85%
★★★★★☆
Click here to see the complete list of 42 stocks on Euronext Paris’ High Growth Technology Stocks and AI Stock Screener.
Below that, you will see a selection of stocks filtered by the screen.
Simply Wall Street Growth Rating: ★★★★☆
Overview: OVH Groupe SA provides public and private cloud, shared hosting and dedicated server products and solutions worldwide and has a market capitalization of EUR 1.29 billion.
Operations: OVH Groupe SA primarily generates revenue from three segments: Public Cloud (€169.01 million), Private Cloud (€589.61 million) and Web Cloud (€185.43 million). The company is focused on providing a wide range of cloud solutions to its global customer base, leveraging its expertise in both public and private cloud services and web hosting solutions.
Despite the difficult situation, OVH Groupe is showing positive signs, with annual profit growth expected to be 101.1%, indicating a solid recovery from the current unprofitable state. This growth is supported by significant investment in research and development, which is essential to remain competitive in a rapidly evolving technology field. However, the exact numerical details of these costs have not been disclosed. Despite recent share price movements, OVH’s revenue is expected to grow 9.7% annually, above the French market average of 5.7%. These predictions reflect not only OVH’s potential resilience, but also its ability to adapt and potentially lead in future innovation-driven sectors.
ENXTPA:OVH Breakdown of revenue and expenses as of October 2024
Simply Wall Street Growth Rating: ★★★★☆
Overview: Planisware SAS is a B2B Software-as-a-Service provider with operations in Europe, the Americas, Asia Pacific, and internationally, with a market capitalization of approximately €1.93 billion.
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Business Operations: Planisware SAS derives its revenue primarily from the Software and Programming segment, amounting to EUR 156.44 million. The company operates in Europe, the Americas, Asia Pacific and internationally.
French technology company Planisware SAS has shown solid growth, with its revenue increasing 32.6% over the past year, outpacing the Software industry average of 10.8%. This upward trajectory is supported by a forecast annual revenue growth of 16.1%, significantly higher than the overall French market forecast of 5.7%. In particular, Planisware is committed to strengthening its competitiveness through strategic R&D investments, which was essential to achieving a high return on equity, projected to be 26.3% in three years. These financial indicators not only highlight Planisware’s strong performance, but also highlight its potential to further influence and capitalize on emerging technology trends.
ENXTPA:PLNW revenue and expense breakdown (as of October 2024)
Simply Wall Street Growth Rating: ★★★★★★
Overview: VusionGroup SA, with a market capitalization of approximately EUR 2.47 billion, provides digitalization solutions for commerce in Europe, Asia and North America.
Operations: VusionGroup SA primarily generates revenue from the installation and maintenance of electronic shelf labels, amounting to approximately EUR 830.16 million. The company operates in Europe, Asia and North America and provides digitization solutions for commerce.
Although VusionGroup SA is overcoming a difficult situation with a net loss this year in contrast to last year’s profit, it is forecasting an impressive annual revenue growth of 28.4%, outpacing the French market’s 5.7%. This growth is fueled by strategic partnerships like Ace Hardware, which leverages VusionGroup’s digital shelf label technology to enhance retail efficiency and customer engagement across more than 5,000 stores. Additionally, the company’s commitment to research and development is evident as it anticipates spending to power innovations such as the VusionOX and VusionCloud platforms, which integrate seamlessly into retail operations. With revenue expected to grow approximately 81.8% annually over the next few years and an ambitious expansion into technology solutions for retail environments, VusionGroup is showing potential despite current profitability challenges.
ENXTPA:VU’s revenue and expense breakdown as of October 2024
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This article by Simply Wall St is general in nature. We provide commentary using only unbiased methodologies, based on historical data and analyst forecasts, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include ENXTPA:OVH ENXTPA:PLNW and ENXTPA:VU.
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