on AUBAY (EPA:AUB)
Aubay to increase revenue in Q3 2024
Aubay achieved revenue of €129.2 million in the third quarter of 2024, marking an organic increase of 4.3%. This result reflects a recovery in growth, supported by improved operational performance and a favorable calendar effect. Over the first nine months of 2024, revenue amounts to €401.5 million, up 0.7% compared to 2023.
In France, third-quarter revenue reached €67.4 million, an organic increase of 5.0%, around resilient markets. Internationally, revenues amounted to €61.8 million, up 3.4%, notably thanks to restructuring in Italy and price increases in Iberia. All geographic areas showed signs of positive net recruitment in September and October.
Aubay is targeting annual turnover of between €534 million and €550 million, with an expected operating margin of between 8.5% and 9.5%.
R. P.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all AUBAY news