Brief: Applus Says Strategic Plan Targets On Track Including 12% Margin For 2024

Applus Services SA

30/10/2023 06:58

Oct 30 (Reuters) - Applus Services SA  APPS.MC :
    * SEES HIGH SINGLE DIGIT ORGANIC REVENUE GROWTH
    * SEES OPERATING PROFIT MARGIN TO INCREASE IN EXCESS OF 60
BASIS
POINTS COMPARED TO THE REPORTED MARGIN LAST YEAR (10.1%)
    * 9-MONTH ADJUSTED REVENUE 1.52 BILLION EUROS VERSUS 1.52
BILLION
EUROS YEAR AGO
    * SEES OPERATING PROFIT OF €166 MILLION UP 10.2% (ORGANIC UP
8.6%)
    * STRATEGIC PLAN TARGETS ON TRACK INCLUDING 12% MARGIN FOR
2024
    * 9-MONTH PROFIT BEFORE TAXES 73.8 MILLION EUROS VERSUS 68.1
MILLION EUROS YEAR AGO
    * SAYS OUTLOOK MAINTAINED FOLLOWING INCREASES DURING THE
YEAR

Source text for Eikon:  ID:nCNM5fGfkX 
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