Report
Exclusive Networks : FY guidance reiterated despite weak Q3, stock market challenge lies elsewhere
>Q3 2024: organic growth plunged to +3.5%, below expectations - Exclusive Networks reported yesterday after market close gross and net revenues (IFRS) for Q3 2024. Gross revenues were 4% below our expectations at € 1 334m over the period, up 9% in reported terms and constant currency, with only 3.5% in organic terms (adjusted for M&A). This represents a marked organic slowdown sequentially vs Q2 at +7.4% organically, while we were expecting a certain acceleration QoQ....
Underlying
EXCLUSIVE NETWORKS SA
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Nicolas Thorez
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