Aubay Achieves 2024 Revenue Target with Notable Organic Growth

Aubay reported 2024 revenues of €540.3 million, reflecting a 1.2% organic growth. The latter half saw a 3.3% increase. This aligns with forecasts set at the year's outset. A productivity rate increase to 93.7% contributed significantly to this, alongside rising sales prices. However, a slight reduction in workforce was noted, more pronounced internationally.

In France, revenues rose to €283.3 million, a 1.0% growth aligning with market expectations, despite cautious client behavior. The banking, finance, and insurance sectors remained robust. While productivity stabilized in France, price increases balanced workforce reductions.

Internationally, Q4 showcased 5.1% growth. Italy performed strongly following restructuring, complemented by improved productivity and calendar effects. Growth in Spain and Portugal also remained positive, driven by productivity.