Report
Nagarro SE : Q3 results much better than expected. 2022 guidance raised but still cautious
>Very solid organic growth in Q3 2022. Ahead of expectations - Yesterday, Nagarro reported intraday a very good set of Q3 2022 results. Revenues came in at € 230m, up 63.0% y-o-y, of which 50.9% at cc. According to our calculations, organic growth reached c. 40% in Q3. This performance topped our expectations (+53% y-o-y in reported data, incl. +34% org.). The group reported Q3 organic growth close to the Q2 level (+43% org) and momentum by geographies was broadly unc...
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Nagarro
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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 David
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