Aubay: solid first half











Photo credit © Reuters


(Boursier.com) — Aubay continues its good start to the 2022 financial year by achieving in the second quarter, a turnover of 128.9 ME, up at constant scope by +10.1%.

The group thus recorded its 5th consecutive quarter of double-digit organic growth. Turnover for the first half amounted to 258.5 ME, up +10.9%, perfectly in line with expectations.

Helped by a favorable calendar effect as well as indicators that are all green, the half-year operating margin should be around 10%, higher than that of the first half of 2021.

Given the very good first half, sustained commercial activity and on-board growth, Aubay is now aiming for the upper end of its revenue target, ie €513 million, up 9%.

The operating margin on business activity remains unchanged, between 9.5% and 10.5%.


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