Aubay: expected operating margin at the top of the range


(AOF) – Aubay revealed a 2023 turnover of 534.1 million euros, a purely organic increase of 4%. This turnover “takes advantage of a fourth quarter which saw several parameters improve compared to the second quarter and third quarter: productivity rate of consultants again above 93%, drop in inter-contracts and resumption of a slight increase in staff numbers”, explains the digital services company.

Consequently, the operating margin is expected at the top of the range announced in October, namely between 8% and 9%.

“The market at the start of 2024 resembles that encountered in 2023,” indicates Aubay about its prospects. “Signs of a wait-and-see attitude or even a search for savings are still present among several clients. The opportunities, however, remain numerous and digitalization projects continue to require technical support and specialized expertise.”

This year, the company is targeting organic growth of between 0 and 3%, i.e. turnover in the range of 534 to 550 million euros, and an operating margin of activity at a level identical to 2023.

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