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Moderate decline in Aubay's activity in the first quarter of 2025

Stock price chart of AUBAY (EPA:AUB) showing fluctuations.

Aubay recorded revenue of €136.2 million in the first quarter of 2025, a decrease of 3.0% compared to 2024. This decline is the result of unfavorable calendar effects in France and internationally, particularly in Italy. Despite this decline, price trends remain positive in all geographic areas. The controlled reduction in international staff has made it possible to maintain productivity at 92.4%.

In France, performance was stable excluding calendar effects. Aubay resumed hiring in anticipation of increased demand. Internationally, revenue declined slightly, but the outlook remains promising thanks to rising demand and positive pricing effects.

R. E.

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