In light of its first-half performance, Esker is raising its organic growth target for 2023 as a whole to between +14 and +15%, with an operating margin of between 12 and 14% of sales.

Driven by SaaS business (+20% at constant exchange rates), sales for the second quarter of 2023 rose by 13% to €45.1 million (+15% at constant exchange rates), bringing the half-year total to €87.9 million (+16% at constant exchange rates).

Esker added that it had recorded its best ever half-year in terms of order intake, with the annual recurring value (ARR) of new contracts signed during this period at nine million euros, up 18%.

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