(Boursier.com) — Cegedim rose 1.1% to 17.50 euros this Friday, while the group recorded a consolidated turnover of 148.3 ME in the third quarter, up 11.3% in published data and in organic data , by 11.4% compared to the same period of 2022, confirming the good direction of turnover observed in the first half. Cumulatively at the end of September, the turnover of 449.3 ME is thus increasing by 12.1% in published data and, in organic data, by 11.9% compared to the same period of 2022.
The Group says it is confident in its ability to achieve organic growth in its turnover of between 11% and 12% in 2023, and an improvement in its Current Operating Result.
“As an extension of the first part of the year, billings continue to benefit from good commercial dynamics in Q3 and reinforce management’s confidence regarding the annual landing” comments Portzamparc, which slightly raises its 2023 scenario and is now targeting growth. organic of 11.5% (previously 10.5%) with an operating margin increasing by +33.9% to 34.4 million euros (previously 34.1 million euros), i.e. an operating margin maintained at 5.5% (+0. 9pt vs. n-1). “After updating our scenario and market parameters, our objective remains unchanged at 20.1 euros and we remain at ‘Keep’” concludes the analyst.
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