Claranova confirms its annual operating profitability objective


(AOF) – Claranova recorded an increase of 2% at constant scope and exchange rates in revenues to 94 million euros in the third quarter, ended at the end of March of the 2023-2024 financial year. If PlanetArt experienced a 2% drop in activity to 61 million euros, Avanquest generated growth of 8% to 31 million euros and myDevices by 18% to 2 million euros. Nine-month revenue stood at €395 million, up 1% at constant scope and exchange rates.

Eric Gareau, Managing Director of Claranova declared: “The efforts focused on profitability allow us to maintain our objective of operational profitability around 10% for the 2023-2024 financial year. (…) With renewed governance and management , as well as a rescheduling of its debt maturity, Claranova is well positioned to seize profitable growth opportunities and create value for its shareholders. These priorities will be at the heart of the new strategic plan that we will unveil in the coming months. “

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