Quadient: records a turnover of 785 ME over 9 months

(CercleFinance.com) – Quadient publishes a turnover of 785 ME for the first nine months of the year, down 1.1% in published data compared to the same period a year earlier, but in increase of 2% organically.

The turnover of the Intelligent Communication Automation activity reached 179 ME (+9.7% organically), that of the Mail-Related Solutions activity amounted to 539 ME (-0.6% organically) and the Turnover for the Parcel Locker Solutions activity came to €66 million (+3.9% organically).

Geoffrey Godet, Managing Director, indicated that he was delighted to observe a dynamic of organic growth in revenues for six consecutive quarters now.

In this context, organic revenue growth for the 2023 financial year should remain generally in line with the level reached during the first 9 months, i.e. around 2%, compared to around 3% previously expected.

The prospect of organic growth in current operating income in 2023 (excluding acquisition-related charges) is confirmed at a level of around +10% thanks to tight control of expenses.

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