Pluxee tops Q1 revenue expectations thanks to client retention, new contracts By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2025
0mins
Source: Investing.com
Strong Financial Performance: Pluxee reported a 12.1% organic growth in first-quarter operating revenue, reaching 249 million euros, driven by robust customer retention and new client acquisitions in its Employee Benefits sector.
Expansion in Latin America: The company is enhancing its presence in South America with the acquisition of Benefício Fácil in Brazil, despite facing challenges such as the loss of a contract in Chile and currency impacts affecting its Latin American operations.
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.
