Brief: Wavestone 2025/26 Revenue EUR 954.3 Mln, Sets Targets For 2030
BRIEF-Wavestone 2025/26 Revenue EUR 954.3 Mln, Sets Targets For 2030 June 3 (Reuters) - Wavestone SA WAVE.PA:
2025/26: REVENUE EUR 954.3 MILLION
2025/26: NET RESULT EUR 82.1 MILLION
2025/26 FREE CASH-FLOW EUR 118.9 MILLION
2025/26 OPERATING PROFIT €111.5 MILLION
RECURRING OPERATING MARGIN OF 12.6% IN 2025/26
ORDER BOOK STOOD AT 4.4 MONTHS AS AT 31 MARCH 2026, COMPARED WITH 4.2 MONTHS A YEAR EARLIER
UTILISATION RATE OF 72% IN 2025/26, WITH THE AVERAGE DAILY FARE REMAINING AT €938
TARGETS LOW SINGLE-DIGIT ORGANIC GROWTH COMPARED WITH THE 2025/26 TURNOVER OF €954.3 MILLION, AND A RECURRING OPERATING MARGIN OF AROUND 13% FOR 2026/27 FY
WAVESTONE IS NO LONGER ABLE TO CONFIRM ITS TARGET OF A RECURRING OPERATING MARGIN OF 15% BY THE END OF 2027/28
NEW MEDIUM-TERM OBJECTIVES ARE NOW THOSE SET OUT IN THE ‘LEAD THE SHIFT’ STRATEGIC PLAN
EXPECTS €1.4 BILLION IN REVENUE, AND RECURRING OPERATING MARGIN OF 14% TO 16% BY 2030 (LEAD THE SHIFT PLAN)
BOARD OF DIRECTORS, WHILST INITIATING THE SUCCESSION PLAN, HAS DECIDED TO POSTPONE THE CHANGE OF CEO FOR THE TIME BEING
PASCAL IMBERT’S REPLACEMENT BY KARSTEN HÖPPNER AS CEO WILL TAKE PLACE AT A LATER DATE, IN TWO YEARS’ TIME
FROM 1 AUGUST 2026, EXECUTIVE MANAGEMENT TEAM WILL COMPRISE PASCAL IMBERT, CEO, ALONGSIDE KARSTEN HÖPPNER AND BENOÎT DARDE, BOTH DEPUTY CEO
Further company coverage: WAVE.PA
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