FISCAL Q1 2025 REVENUES

Issy-les-Moulineaux, France, Jan 8 (Bernama) -- 

Fiscal Q1 2025 Revenues

Issy-les-Moulineaux, France – January 8th, 2025

A robust start to the year, in line with the Group's strategic and financial objectives

Highlights

• Business momentum continuing to be strong in the first quarter, fueled by solid net retention and a development pipeline on track to meet full year objectives

• Total Revenues grew organically by +13.2% reaching 289 million euros in Fiscal Q1 2025, providing a solid foundation to achieve the low-double-digit growth target for the full year

• Operating revenue increasing by +12.1% organically up to 249 million euros, driven by Employee Benefits which sustained its strong growth trajectory with +14.9% organic growth

• Float revenue standing at 40 million euros, continuing to grow compared to Fiscal Q1 2024, as expected

• Continued execution of the M&A roadmap with the acquisition of Benefício Fácil and the deployment of the Santander partnership in Brazil along with the Cobee integration in Spain

• On track to meet strategic and financial objectives both in Fiscal 2025 and 2026