Performance of AUBAY in the First Quarter of 2024

AUBAY recorded a turnover of 140.3 million euros in the first quarter of 2024, marking a decline of 1.7% compared to the same period the previous year, when it recorded higher organic growth at 10%. This slight decrease is mainly due to an unfavorable calendar effect at the start of the year, but remains in line with budget forecasts.

In France, the company shows notable resistance with almost stable turnover, while internationally, particularly in the Iberian zone and in Italy, AUBAY has had to adjust its workforce and improve its offer in response to demand. weakened. Despite these challenges, the company has managed to maintain a good level of productivity and improve its sales prices in all its markets.

The outlook for 2024 remains positive, with organic growth expected between 0 and +3% and an operating margin expected between 8.5% and 9.5%. AUBAY continues to strategically adapt to market fluctuations to maintain its competitiveness and efficiency.