Wavestone: 11% increase in nine-month sales – 01/31/2023 at 08:23


(CercleFinance.com) – The independent consulting firm Wavestone posted at the end of the first nine months of its 2022-23 financial year, a turnover of 376.2 million euros, up 11%, of which + 5% at constant scope and exchange rates (with a day effect of -1%).

In its third accounting quarter alone, its turnover increased by 14% to 139.1 million, helped by the consolidation of Coeus Consulting in the United Kingdom. At constant exchange rates and perimeter, quarterly sales increased by 6%.

Wavestone confirms its 2022-23 annual objectives of revenue above €525 million, taking into account the consolidation of PEN Partnership and Coeus Consulting, and a trading operating margin of around 15% on exercise.



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