Financial report
CSEM continues to grow
CSEM is proud to have achieved remarkable growth for the sixth consecutive year, recording a 7.2% increase in total revenues. This growth was primarily driven by a substantial 23% rise in competitive research funds, predominantly from European projects, reflecting the trust placed in CSEM’s expertise and research capabilities.
Despite a challenging economic environment, industrial mandates remained stable, reflecting the resilience and adaptability of our operations.
The increase in operating expenses (+7.2%) was in line with the revenue growth, particularly in staff costs, which rose by 8.0% due to an increase in the number of employees. This growth supported the steady development of activities across the company’s various business areas, especially in European projects.
This financial performance reflects CSEM's strong position in the industry and its continued commitment to innovation and excellence.
Key figures
