Aubay Société Anonyme reported group earnings results for the first half of 2017. For the period, the company reported revenue of EUR 170,406,000 compared to EUR 164,363,000 a year ago. Recurring operating income was EUR 14,003,000 compared to EUR 14,490,000 a year ago. Operating income was EUR 14,423,000 compared to EUR 13,904,000 a year ago. Net income from consolidated companies was EUR 10,136,000 compared to EUR 9,761,000 a year ago. Group net income was EUR 10,136,000 compared to EUR 9,761,000 a year ago. Group cash flow amounted to EUR 14.3 million for the first half of 2017 compared with a figure of EUR 15.2 million for the same period in 2016. Cash flow from operations came in at EUR 5.7 million compared with a negative EUR 0.2 million, thanks notably to the careful management of the Group's working capital.

For the year 2017, the company's business indicators for the third quarter are all up on the first half. Demand from its main clients is still robust which suggests that the Group can look forward to a strong end to the year. Accordingly, the Group has confirmed the targets announced on the publication of its yearly results on 15 March 2017 which were based on its initial scope, and has revised them upwards to factor in the acquisition in Italy, namely: Organic growth of between 5% and 7% in revenues to EUR 353 million. A current operating margin of between 9% and 10% for the year.