TRIGO Strengthens its Technical Solutions and Targets One Billion Euros in Revenue by 2030

TRIGO Group, global leader in quality management services for the transportation industry, recorded a 10% growth in 2024, reaching revenue of 530 million euros. Driven by positive momentum across most sectors, particularly aerospace and rail, along with a strong presence in Europe and the American continent, the group aims to accelerate its development in testing and technology. TRIGO aims to reach one billion euros in revenue by 2030.

Robust 2024 Performance Driven by All Activities

The nearly 10% growth in 2024 demonstrates TRIGO’s resilient business model and ability to maintain momentum in a complex economic environment. This growth was driven by activities in the American continent (+9%) and the WEMEA region (Western Europe, Middle East, Africa) at +14%, including France and its automotive division, which closed a year of strong growth. Emerging markets confirmed their potential with significant progress, particularly in Morocco, Turkey, Brazil, and Mexico, ranging from +26% to +67%.
The year was also marked by the renewal and multi-year extension of key contracts with the Group’s long-standing customers in the automotive and aerospace sectors, thus consolidating their trust in TRIGO for over 20 years.

Record Growth of 20% in 2024 for Aerospace, Defense, and Rail Division

The global Aerospace, Defense, and Rail (ADR) division experienced the strongest growth of +20% for the year, crossing the symbolic threshold of €100M in revenue. In 2024, this division also saw strong growth in rail (+30%), notably due to the extension of a contract with Alstom to ensure rolling stock compliance with ETCS standards. This was complemented by steady defense activities globally across all sector clients.
In 2025, defense players in Europe and the United States anticipate intensified activities. The two main global aircraft manufacturers are also preparing for a strong production acceleration, with increased commercial flight frequency in Europe for one and production restart in the United States for the other. Furthermore, TRIGO anticipates expansion in space activities, driven by the deployment of thousands of low-orbit satellites dedicated to the Internet of Things and connectivity.

Growth in Engineering, Training, and Audit Activities, Coupled with Enhanced Technical Solutions

Engineering, consulting, training, and audit services continue their acceleration with annual growth between 10 and 15%, confirming the Group’s diversification strategy. To support this expansion and to meet the growing demand, TRIGO plans to strengthen its teams. This is evidenced by the recent appointment of Peter Herbály to TRIGO’s Executive Committee to oversee all engineering, consulting, audit, and training activities to maximize synergies between these different divisions in the automotive market.
2024 also marks a decisive turning point in TRIGO’s technological acceleration, characterized by two major strategic initiatives:
First, development in testing, with the acquisition of Controreupe in France and partnerships with NDT Solutions and NDE Labs in the United States, which strengthened the group’s expertise in Non-Destructive Testing (NDT). These operations consolidate TRIGO’s position in a high-growth market valued at nearly 4 billion dollars.
Second, technological innovation, illustrated by the success of the Scortex Spark automated inspection solution using artificial intelligence, whose revenue more than tripled.

Vision 2030: A Decisive Technological Intensification of Activities

Over the past year, several quality crises have shaken the transportation industry, highlighting the importance for major manufacturers and suppliers to have a partner with all technological resources to identify, anticipate, and effectively resolve quality issues, thus maintaining operational continuity and efficiency.
To address these needs, TRIGO has defined a strategic roadmap for 2030 to expand service offerings and technological innovation around three priorities:

• First, extend the group’s testing services in aerospace, defense, and rail sectors to support clients across all their quality challenges;
• Second, accelerate the integration of automated optical inspection technology across all operations to enhance quality control efficiency and precision;
• Finally, intensify AI supported data exploitation to develop more powerful predictive analyses and models for clients.

“2024 marks a decisive step in our progression,” states Matthieu Rambaud, CEO of TRIGO. “Our results demonstrate the relevance of our diversification strategy to bring ever more value to our clients, and our ability to seize growth opportunities. The strengthening of our organization and our investments in innovation ideally position us to achieve our goal of one billion euros revenue by 2030.”

About TRIGO

TRIGO is a global leader in quality management services for the automotive, aerospace, rail, and heavy transportation industries. With 10,000 employees in 28 countries, TRIGO offers a comprehensive portfolio of services throughout the supply chain, from production inspection to auditing, consulting, engineering, and training. TRIGO develops technological solutions based on artificial intelligence, virtual reality, battery management, and data analysis.

TRIGO Group Press Contacts

Jean-François Kitten – +33 6 11 29 30 28 – jf@licencek.com
Avtansh Behal – +33 7 69 53 08 25 – a.behal@licencek.com
Jérémy Cariddi – +33 7 66 39 75 99 – j.cariddi@licencek.com