Q3 2022-2023 revenue remains steady
FY 2022-2023 nine-month revenue up 9% to €405m
“Claranova achieved during the first nine months a growth in revenue of 9% to €405m. The diversity of our portfolio of activities assured us a steady revenue stream in the third quarter, despite an underperformance by PlanetArt reflecting a priority given to profitability and a less favorable exchange rate. And with Avanquest and myDevices delivering double-digit gains, we can confirm our goal of achieving growth in revenue of 10% and an improvement in EBITDA of between 25% and 30% for the full year.“
Pierre Cesarini, Chairman-CEO of Claranova.
Claranova reported revenue for the first nine months of FY 2022-2023 of €405m or growth of 9% at actual exchange rates compared to the previous year and 2% at constant exchange rates. All the Group’s businesses grew both at actual exchange rates and like-for-like during the first nine months of FY 2022-2023