As global markets face renewed fears about economic growth, the French CAC 40 Index has not been immune, experiencing a notable decline of 3.65% recently. Despite this challenging backdrop, certain growth companies on Euronext Paris with high insider ownership continue to capture investor interest due to their potential for strong performance and alignment of interests between management and shareholders. In these uncertain times, stocks with high insider ownership can offer a sense of stability and confidence as insiders are often more committed to the company's long-term success. This article will explore three such promising growth companies listed on Euronext Paris in September 2024.

Top 10 Growth Companies With High Insider Ownership In France

Click here to see the full list of 24 stocks from our Fast Growing Euronext Paris Companies With High Insider Ownership screener.

Here's a peek at a few of the choices from the screener.

Lectra

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Lectra SA offers industrial intelligence solutions for the fashion, automotive, and furniture markets across Northern Europe, Southern Europe, the Americas, and the Asia Pacific with a market cap of €1.09 billion.

Operations: Revenue segments (in millions of €): Americas: 172.65, Asia-Pacific: 118.54, Segment Adjustment: 209.13

Insider Ownership: 19.6%

Lectra, a growth company with high insider ownership in France, is forecast to see its earnings grow significantly at 29.3% per year, outpacing the French market's 12.3%. Despite trading at 46.5% below its estimated fair value and analysts predicting a 20.1% price rise, recent half-year results show mixed performance with sales of €262.29 million up from €239.55 million but net income down to €12.51 million from €14.47 million year-over-year.

• Unlock comprehensive insights into our analysis of Lectra stock in this growth report.
• The analysis detailed in our Lectra valuation report hints at an deflated share price compared to its estimated value.

OVH Groupe

Simply Wall St Growth Rating: ★★★★☆☆

Overview: OVH Groupe S.A. offers public and private cloud, shared hosting, and dedicated server products and solutions globally, with a market cap of €1.16 billion.

Operations: The company's revenue segments are comprised of Public Cloud (€169.01 million), Private Cloud (€589.61 million), and Web Cloud & Other (€185.43 million).

Insider Ownership: 10.5%

OVH Groupe, with substantial insider ownership, is expected to become profitable within three years, boasting an annual earnings growth forecast of 101.12%. Its revenue is projected to grow at 9.7% per year, surpassing the French market's average. Recently, OVHcloud introduced new ADV-Gen3 Bare Metal servers featuring AMD EPYC processors, enhancing performance and network capabilities. Despite high volatility in its share price over the past three months, it trades at 31.1% below estimated fair value.

• Navigate through the intricacies of OVH Groupe with our comprehensive analyst estimates report here.
• Our valuation report here indicates OVH Groupe may be undervalued.

VusionGroup

Simply Wall St Growth Rating: ★★★★★★

Overview: VusionGroup S.A. offers digitalization solutions for commerce across Europe, Asia, and North America with a market cap of €2.41 billion.

Operations: The company generates €801.96 million in revenue from installing and maintaining electronic shelf labels.

Insider Ownership: 13.4%

VusionGroup, with significant insider ownership, is poised for substantial growth. Its earnings are forecast to grow 25.74% annually, outpacing the French market's 12.3%. Recent partnerships with Ace Hardware and Hy-Vee highlight its innovative digital shelf label technology, enhancing operational efficiency and customer experience. Analysts predict a 28.5% rise in stock price, supported by strong revenue growth projections of 21.3% per year over the next three years.

• Click to explore a detailed breakdown of our findings in VusionGroup's earnings growth report.
• Insights from our recent valuation report point to the potential overvaluation of VusionGroup shares in the market.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

Companies discussed in this article include ENXTPA:LSS ENXTPA:OVH and ENXTPA:VU.

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