Aubay raises full-year revenue target again, shares rise
BUZZ-Aubay raises full-year revenue target again, shares rise ** Shares in IT group Aubay AUBT.PA rise 3% after the co raised full-year revenue targets for the second time this year
** It now targets a 2026 turnover of €705-710 million ($786-791 million), from the previously expected €695-705 million range
** "The group has once again reported a sustained level of activity, leading it to revise its annual turnover target upwards for the second time this financial year," TP ICAP Midcap says
** Aubay reports Q3 turnover up 8.5% organically to €173.8 million, slightly above the broker's expectations
** "The market remains buoyant and the group is continuing to recruit to meet demand," TP ICAP Midcap added
** Shares are on track for their best day since September 18, if gains hold
($1 = 0.8971 euros)
(Reporting by Mathias de Rozario in Gdansk)