(AOF) – Aubay achieved in the third quarter a turnover of 120.9 million euros, up 8.4% on a like-for-like basis. “The level of activity remains high thanks to continued strong customer demand,” commented the digital services company. Over the first nine months of the year, organic growth was +10.1%. In this buoyant market, the activity rate of consultants remained at a high level and stood at 95.9% against 95.0% a year earlier.
As expected, net recruitment accelerated during the third quarter with the workforce increased to 7,625 employees compared to 7,442 at June 30, 2022.
In this still dynamic market context and despite an unfavorable calendar effect in the second half, Aubay is confident in its ability to reach the upper limit of its sales target of 513 million euros.
Good control of the wage inflation-selling price pair also allows the range of operating margin on activity to be tightened upwards to between 10% and 10.5% compared with 9.5% and 10.5% previously.
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Maximum staff turnover
Companies in the IT services sector have seen the departure of more than 20% of their workforce in twelve months. This trend is not unusual in the sector, but it is reaching an unprecedented scale, in a context of strong growth and good recruitment dynamics. In addition, employees have new requirements and aspirations. The main criterion is the flexibility of work and the way it is implemented in the company. The American-Indian company Cognizant saw around 35% of its 330,000 engineers leave the company in one year. Capgemini, grouping 32,000 French employees, recently suffered its first strike since 2008, with a demand for a collective increase in remuneration.