Pluxee tops Q1 revenue expectations on client retention, new contracts By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2025
0mins
Source: Investing.com
Pluxee's Financial Performance: Pluxee reported a 12.1% organic growth in operating revenue for Q1, reaching 249 million euros, driven by strong customer retention and new client acquisitions, particularly in Employee Benefits.
Future Growth Expectations: The company anticipates future growth to focus more on South and Central America due to economic challenges in Europe, while also noting the impact of currency fluctuations and contract losses in Latin America.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
