Exclusive Networks: gross sales up 9% in Q3

(CercleFinance.com) - Exclusive Networks reports gross sales of E1.
33bn for Q3 2024, up 9% at constant exchange rates, partly (5.5%) thanks to external growth with the integration of NextGen.

The cybersecurity group adds that the rest of growth came from the activity of existing suppliers in their current geographical areas (1.6%), suppliers entering new areas (1%) and new supplier relationships (0.5%).

Even though some contracts were unable to materialize in third-quarter sales due to the lengthening of corporate decision-making processes, we expect to end the year on a positive note, it says.

In an environment that is still marked by macroeconomic volatility, Exclusive Networks remains confident in its forecasts for 2024, including adjusted EBIT of E200m to E210m, and gross sales growth of 10% to 12% at constant exchange rates.


Copyright (c) 2024 CercleFinance.com. All rights reserved.