Solutions 30 tops SBF 120 on double-digit growth, confirmed outlook

Solutions 30 SE

26/07/2023 08:47

** Shares in Solutions 30  S30.PA  jump 10%, to the top of
France's SBF 120 index  .SBF120 , after the company reported
growing revenue in Q2 and confirmed double-digit growth targets
for 2023
    ** The French IT services company reported Q2 revenue up
nearly 19% year-on-year at 263.4 million euros
    ** Broker Portzamparc believes H1 growth was supported by
the company's activities in the Benelux area
    ** It adds that momentum and upside are "still favourable"
    ** Solution 30 also announced on Tuesday the acquisition of
renewable energy specialist Elec ENR
    ** Shares are on track for their best day since early May

 (Reporting by Olivier Cherfan)
 ((olivier.cherfan@thomsonreuters.com))