Aubay Société Anonyme (AUB) Q3 2024 TU earnings summary

Executive summary

• Q3 2024 revenue reached €129.2 million, up 4.3% organically compared to Q3 2023.

• Nine-month 2024 revenue totaled €401.5 million, a 0.7% organic increase year-over-year.

• Growth driven by improved operating performance and favorable calendar effects.

Financial highlights

• France Q3 revenue rose 5.0% to €67.4 million; nine-month revenue up 1.3% to €211.2 million.

• International Q3 revenue increased 3.4% to €61.8 million; nine-month revenue up 0.1% to €190.3 million.

• Productivity improved to 94.3% from 93.4% year-over-year.

Outlook and guidance

• Full-year 2024 revenue expected between €534 million and €550 million.

• Recurring operating margin guidance maintained at 8.5% to 9.5%.

• Business environment remains stable; targets confirmed.