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Exclusive Networks : Solid Q4/FY 2023 earnings. Reassuring FY 2024 guidance
>Q4 sales: no major surprises, slightly above in organic terms (org. growth of 10.3%) - This morning, Exclusive Networks published its Q4/FY 2023 earnings. Q4 2023 gross sales were € 1,585m, up 9.0% on a reported basis. This figure is roughly in line with expectations (vs ODDO BHF: € 1,588m, up 9.2% y-o-y; cons.: € 1591m, up 9.4% y-o-y). Q4 organic growth was 10.3% (+12% at cc), decelerating vs previous quarter (vs Q3 2023 +13% org), this figure is above our expectati...
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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