(CercleFinance.com) – The title Axway Software progressed strongly on Friday on the Paris Stock Exchange after an upward revision of its annual objectives for the financial year 2022.
At 11:45 a.m., the title of the infrastructure software designer, which jumped by more than 18% at the start of the session, was still advancing by 15.8%, signing one of the strongest increases in the Paris market.
Axway indicated last night that its previously communicated annual objectives should be exceeded due to a “historically high” level of activity at the end of the financial year.
In the 4th quarter, the signatures and renewals of contracts for its subscription offer thus generated some 50 million euros in immediate turnover.
As a result, Axway now expects organic revenue growth of between 4.5% and 5.5% in 2022, compared to 1% to 3% previously.
Operating income should represent between 14% and 15% of sales, against 12% to 14% previously.
For 2023, the API management specialist says it has the ambition to maintain positive organic revenue growth of between 0% and 3% and to achieve an operating margin of around 15% to 18% .
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