Pluxee cuts 2026 outlook on uncertain market environment, expects larger margins
30/10/2025 06:02
Oct 30 (Reuters) - French voucher and benefits company Pluxee PLX.PA on Thursday cut its 2026 revenue growth guidance, citing uncertain market environment. It now targets high single-digit revenue growth in 2026 compared with the previous low double-digit revenue organic growth. The company, however, raised its recurring earnings before interest, taxes, depreciation, and amortization (EBITDA) margin outlook by 100 basis points during the year from the previously expected 75-bp increase, and its recurring cash conversion rate to above 80% from above 75%. (Reporting by Hugo Lhomedet and Mathias de Rozario in Gdansk; Editing by Harikrishnan Nair) ((Hugo.Lhomedet@thomsonreuters.com; ,athias.derozario@thomsonreuters.com))