Brief: Wavestone Adjusts 2024/25 Financial Targets

Wavestone SA

04/12/2024 17:06

Dec 4 (Reuters) - Wavestone SA  WAVE.PA :
    * H1 REVENUE EUR 457.8 MILLION
    * H1 OPERATING INCOME EUR 41.6 MILLION
    * H1 NET INCOME EUR 27.3 MILLION
    * H1 RECURRING OPERATING INCOME EUR 46.4 MILLION
    * H1 EBIT EUR 46.4 MILLION
    * ADJUSTING FINANCIAL TARGETS AND SETTING MORE CAUTIOUS FOR
THE
2024/25 FINANCIAL YEAR
    * FY RECURRING OPERATING MARGIN OUTLOOK 12.5%
    * NOW TARGETING STABLE ANNUAL SALES COMPARED WITH PRO FORMA
2023/24 SALES OF €943.8M
    * WAS INITIALLY TARGETING ORGANIC GROWTH OF BETWEEN +3% AND
+5%.

Source text: https://shorturl.at/lHyO0
Further company coverage:  WAVE.PA 

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