On Monday, Solocal postponed the publication of its 2023 annual results, explaining that it wanted to give itself more time in the discussions with its creditors.

In order to assist it in these talks and facilitate the emergence of a solution likely to ensure its long-term survival, the local information specialist said it had applied to the president of the Commercial Court of
Nanterre for the opening of a conciliation procedure.

Publication was originally scheduled for Wednesday, February 29, 2024.

Pending full publication, Solocal reported sales of 359.7 million euros for fiscal 2023, compared with 400 million euros for 2022.

Fourth-quarter sales came to 86.7 million euros, compared with 99.2 million euros a year earlier.

Solocal shares on the Paris Bourse were down 0.7% on Monday following these announcements.

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