Aubay Group Announces Revenue Results for the First Half of 2015; Provides Earnings Guidance for the Second Half and Full Year of Fiscal 2015
The company provided earnings guidance for the second half of 2015. The Group's current operating margin for the first six months of 2015 will therefore be high and substantially higher than the 6.4% recorded for the first half 2014, which in turn will mean a strong increase in current operating income over the period. Given the wide gap between the number of billable days in the first and second halves of the year (123 days versus 129 days), the seasonal impact on company's current operating margin will work in favor of the second half of the year 2015 as it did in 2014. The second half of 2015 has gotten off to a strong start. Demand remains high and the Group's productivity rate is excellent.
For the year 2015, the company expects revenues of over EUR 267 million as against EUR 260 million. The company expects operating margin of over 8.3%.