Aubay: organic sales growth of 1.2% by 2024

(CercleFinance.com) - Aubay reports sales of €540.
3 million for fiscal year 2024, up +1.2% organically, including +3.3% in the second half.

These sales are within the range announced at the start of the year, according to the Group.

Annual sales in France came to 283.3 ME, up +1.0%, in line with management expectations.

Outside France, organic growth came in at +5.1% for the 4th quarter. Aubay benefited from a favorable calendar effect and a marked improvement in performance in Italy.

Operating margin should be in line with last year's performance, and in the mid-range of the 8.5% to 9.5% target set at the beginning of 2024.

Aubay should continue its growth trajectory in 2025. The Group expects organic growth of between 0 and +3%, i.e. sales in the 540 to 556 ME range, and an operating margin of between 8.5 and 9.5%.

Copyright (c) 2025 CercleFinance.com. All rights reserved.