Aubay Group Announces Consolidated Sales Results for the Third Quarter and Nine Months of 2015; Provides Earnings Guidance for the Fourth Quarter of 2015
For the nine months, the company reported revenues of EUR 199.4 million against EUR 176.4 million a year ago.
The company expects to maintain its very high productivity rate in the fourth quarter whilst still actively recruiting new staff. Based on this, yearly revenues are expected to amount to around EUR 270 million and organic growth to reach the high end of its initial target range of between 5% and 7%. The group also anticipates a current operating margin of between 8.7% and 8.9%.