Aubay targets 2023 turnover between 530 and 540 million euros – 10/18/2023 at 6:26 p.m.


(AOF) – In an uncertain economic environment, Aubay delivers a business volume of 123.6 million euros in the third quarter of 2023, an organic increase of 2.5% despite an unfavorable calendar effect (-1 business day billing). The consolidated turnover thus stands at 398.7 million euros over 9 months, an increase of +5.1%. Its turnover for this third quarter in France came to 64.2 million euros, a purely organic increase of 3.6%.

Over this quarter, internationally, consolidated turnover stood at 59.7 million euros, an increase of 1.3%.

On the outlook side, Aubay is cautiously adjusting its turnover target for the 2023 financial year to a range between 530 to 540 million euros. The operating margin of activity should be in a range between 8 and 9%.

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Cybersecurity blues

Gartner analysis reveals that nearly half of security leaders are expected to change jobs by 2025 due to high stress. Among them, a quarter should opt for completely different functions. The average seniority of a “CISO” (Chief information security officer) would be limited to 26 months. French companies, due to limited budgets, can only meet half of the required international standards. A shortage of talent is also to be deplored as the French digital market faces a shortage of around 15,000 people. Insufficient remuneration could explain this: remuneration would not exceed 200,000 euros in France, compared to around 800,000 euros in the Anglo-Saxon world for the best positions.



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