Shareholder’s handbook

On March 31, 2024, Wavestone reported pro forma annual sales of €943.8m.

The firm is aiming for stable annual revenue, in reference to pro forma revenue of €943.8m for the previous fiscal year. In terms of profitability, the firm is targeting a recurring operating margin of 12.5%. These objectives are calculated on a constant forex basis and exclude new acquisitions.

To find out more, consult the latest financial information.

With a presence in 17 countries and on 4 continents, Wavestone is a truly international firm. On March 31, 2024, 51% of the firm’s sales were generated in France, 24% in Germany, 10% in Switzerland, 7% in North America, 5% in the UK, and 3% in other regions.

To find out more, consult the latest financial information.

On March 31, 2024, Wavestone generated 19% of its revenue in the Banking sector, 17% in Insurance, 15% in Transportation, Travel & Logistics, 15% in Automotive & Industry, 14% in Energy, 8% in Consumer Goods, Luxury & Retail, 8% in the Public Sector, and 4% in other sectors.

To find out more, consult the latest financial information.

Wavestone works with leading companies in their sectors, from Fortune Global 500 companies to blue-chip organizations. The firm is committed to building strong and lasting relationships with its clients, as demonstrated by its ongoing collaborations over more than 15 years with BNP Paribas, EDF, MPG, Munich Re and also AXA, SBB, SwissRe and Bank Julius Bär.

As of March 31, 2024, Wavestone’s top 20 clients included: Deutsche Bahn (7%), EDF (4%), AXA (3%), TotalEnergies (3%), Crédit Agricole (3%), SNCF (3%), Société Générale (3%), BNP Paribas (2%), confidential insurance client (2%), Engie (2%), La Poste (2%), Volkswagen (2%), Chanel (1%), Munich Re (1%), L’Oréal (1%), SBB (1%), UGAP (1%), Hermès (1%), BPCE (1%), R+V Versicherungen (1%).

Pascal Imbert and Michel Dancoisne co-founded Wavestone in 1990 and jointly steered the company’s development for 12 years.

In 2002, Pascal Imbert became Chairman of Wavestone’s Management Board and Michel Dancoisne Chairman of the Supervisory Board.

In July 2022, as Michel Dancoisne did not wish to seek another term as Chairman of the Supervisory Board, Wavestone changed to a format of Board of Directors. It was at this point that Pascal Imbert became Chairman and CEO, a position he still holds today. Between 2022 and 2024, Michel Dancoisne sits on the Board as a representative of his family holding company, FDCH. Since July 2024, his daughter Delphine Chavelas has represented FDCH on the Board.

Wavestone is a company controlled by its founders who are majority shareholders, the Imbert family holding 23.24% of Wavestone’s capital and the Dancoisne-Chavelas family 20.92%. Since the Annual General Meeting of December 5, 2023, the main shareholders of Q_PERIOR, a German consulting firm, have joined the Imbert and Dancoisne-Chavelas families in the joint action (“action de concert”) controlling the firm.

To find out more about Wavestone’s corporate governance, visit the pages dedicated to the management team and the Board of Directors.

Wavestone is a company controlled by its founders who are majority shareholders, the Imbert family holding 23.24% of Wavestone’s capital and the Dancoisne-Chavelas family 20.92%. Since the Annual General Meeting of December 5, 2023, the main shareholders of Q_PERIOR, a German consulting firm, have joined the Imbert and Dancoisne-Chavelas families in the concerted action controlling the firm.

To find out more about Wavestone’s corporate governance, visit the pages dedicated to the management team and the Board of Directors.

Wavestone is a company with controlled capital. On March 31, 2024, Wavestone’s controlling shareholders were the families of co-founders Pascal Imbert (23.24%) and Michel Dancoisne (20.92%), plus the main contributing shareholders of Q_PERIOR (16.02%), a German consulting firm acquired by Wavestone in December 2023. These shareholders, acting jointly, together held 60.19% of Wavestone’s capital. The remaining capital was held as follows: Free float (29.5%), Wavestone employees including Partners and Directors (9.0%) and Treasury stock (1.3%).

Consult the page dedicated to the latest key indicators or all financial information.

Wavestone is listed on Euronext Paris – Eurolist – Compartment A.

ISIN : FR0013357621 – Mnemonic : WAVE – FTSE classification : code 972 – Reuters : SLUC. LN – Bloomberg: SOLC. FP – ICB : 9533 – IT services

The stock exchange price is available on websites such as Boursorama, Les Echos, Bourse, Boursier.com… as well as the iPhone Stocks app under the mnemonic code WAVE.PA.

To find out more about Wavestone shares and dividend trends, visit the dedicated page.

The benchmark index for Wavestone shares is the Cac Mid & Small. It is also included in the CAC TECHNOLOGY, Enternext PEA-PME 150 and Tech40 indices. The latter index brings together 40 innovative European SMEs and ETIs in the new technologies sector. It was launched in May 2015 by Enternext, a subsidiary of Euronext. The index also acts as a label, bringing together the best-performing SMEs and SMIs in economic and financial terms each year.

Yes, Wavestone shares are eligible for the PEA-PME scheme (stock savings plan for financing SMEs and ETIs), which, as a reminder, benefits from the same tax advantages as the traditional PEA.

See the Become a shareholder page to find out how to place an order and who to contact.

The Annual Report is usually distributed at the Annual General Meeting. It is also available on the Documents & reports section of our website.

Wavestone has a free Shareholders’ Club available to any shareholder, free of charge, from the very first action. To join, you must fill out our online form. Proof of share ownership will then be required.

If you have any further queries on this subject, please contact the Shareholder Relations Department by e-mail at clubactionnaires@wavestone.com.

Created in April 2020, Wavestone’s Individual Shareholders’ Consultative Committee enables the firm to keep in touch with its individual shareholders by facilitating regular, high-quality dialogue, to gather their opinions on the various aspects of shareholder communication and to improve the communication media aimed at individual shareholders. The Committee is made up of 4 members (2 external, 2 internal), with a 3-year term of office. Members have been selected to be as representative as possible of Wavestone’s individual shareholder base.

Wavestone’s Individual Shareholders’ Consultative Commitee is made up of:

• external individual shareholders: Mrs Françoise Derollepot, Mr Claude Haroche
• individual employee shareholders: Mr Pierre Allard and Mrs Valérie Bondon

Meetings exclusively for Shareholders’ Club members are held outside the Annual General Meeting. To attend, you must register with the Shareholders’ Club.

You can contact us by email at action@wavestone.com or by telephone on our shareholder line +33 1 49 03 28 28.