(Boursier.com) — ESI Group camped on 146 euros this Friday, while Invest Securities went to purchase on the file with a target price of 155 euros. The group recently published half-year sales of €83.3 million, up 7% at constant exchange rate 3 (cc), +5% YoY. Revenue growth is at the high end of the guidelines (5-7% cc). The half-year turnover from licenses shows growth at 77 ME: +10.8% cc, +8.8% YoY. Half-yearly Annual Recurring Revenues reached €80.2 million, representing double-digit growth of +13.1% cc, +11.2% YoY. Adjusted EBIT grew by 5.3%, from €23.8 million to €25.1 million YoY.
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