Business
Aubay : Second-quarter revenue slightly up - Strong momentum in France
Aubay : Second-quarter revenue slightly up - Strong momentum in
About this update from Aubay Sa
[{"type":"text","content":"In € millionQ2* 2025Q2 2024Organic changeH1* 2025H1 2024Organic change\n\t\tFrance72.1\n\t\t68.4+5.3%146.2\n\t\t143.8+1.7%\n\t\tInternational60.7\n\t\t63.6-4.4%122.8\n\t\t128.5-4.4%Total132.8132.0+0.7%269.0272.3-1.2%\n* Pre-audit figures\n Aubay reported second-quarter 2025 revenue of €132.8 million, up slightly by 0.7% compared to the second quarter of 2024. This solid performance was delivered in an economic environment that remains uncertain. Business in France exceeded expectations, while performance in international markets was in line with the strategic roadmap.\nRevenue for the first half of the year as a whole came to €269.0 million, down 1.2% year on year, with the decrease entirely attributable to an unfavorable calendar impact affecting all geographic regions.\n FRANCE: STRONG MOMENTUM AND MARKET OUTPERFORMANCEBusiness in France was up 5.3% over the quarter, driven by the strength of the banking and insurance sectors and a satisfactory level of demand. This performance exceeded internal forecasts and was significantly above the market.\nGrowth was also attributable to the net increase in recruitment, a virtually unchanged consultants' productivity rate, and sales prices that maintained their upward trend. These solid indicators bode particularly well for the integration of Solutec. The transaction has been very well received by customers and employees alike, confirming its growth potential. With it, Aubay is diversifying its presence in the main French regions and broadening its offering in France under a common banner, \"Aubay Solutec\".\n INTERNATIONALLY: RESULTS IN LINE WITH EXPECTATIONS\nInternationally, revenue was in line with forecasts, taking a negative calendar effect into account once again during the second quarter, particularly in Spain, Portugal and Italy. Business in Italy was stable, and even up slightly on a constant billable day basis, while in Spain and Portugal, business was stable quarter-to-quarter on a constant billable day basis. Revenue was however down following the adjustment of headcount compared to 2024, with employee numbers nevertheless higher than at the end of first quarter 2025.\n GROUP CONSOLIDATED DATA\nThrough rigorous management, consultants' productivity rate climbed above 93% to 93.2%, an improvement compared to first-quarter 2025.\nAt June 30, ...