M2C projects record sales of over CZK 5 billion in 2024

by   CIJ News iDesk III
2024-11-27   13:09
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Czech facility management company M2C, employing over 8,500 people across 13 European countries, is poised to achieve the best financial results in its 32-year history. For the first three quarters of 2024, the company reported a 21% increase in turnover compared to the same period last year, with expectations of reaching a record total turnover of CZK 5.02 billion by year-end, marking a 16% annual growth.

CEO Matěj Bárta credits the company’s impressive performance to technological innovation and international expansion. “We are planning to enter markets in the USA and stable countries in the Middle East. These are regions where we aim to expand our range of technology solutions and strengthen our global presence,” Bárta said.

M2C’s flagship offerings include the advanced M2C Space remote monitoring system and the Welcomo automated reception service. The company’s capabilities have also been bolstered by the recent acquisition of Good Sailors, a software firm employing professionals with disabilities, which is contributing to the development of M2C’s technology-driven services.

For the first nine months of 2024, the company reported a turnover of CZK 3.7 billion, based on preliminary unconsolidated data. Achieving the projected CZK 5.02 billion in total turnover would set a new benchmark for the company’s performance.

Facility management remains M2C’s cornerstone, encompassing comprehensive building management services. “Property care is a fundamental need that persists regardless of economic conditions. Regular maintenance and upgrades not only preserve a building’s value but also unlock its full potential,” Bárta explained.

M2C’s focus on providing added value to clients by optimizing property functionality and efficiency has solidified its reputation as a leader in the industry.

As M2C eyes expansion into new markets and continues to enhance its technological offerings, the company is positioned for sustained growth. With a robust portfolio of services and a commitment to innovation, M2C is setting the stage for another record-breaking year in 2025.

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