tiprankstipranks
Trending News
More News >

Wavestone Maintains Growth Amid Economic Headwinds

Wavestone Maintains Growth Amid Economic Headwinds

Wavestone (FR:WAVE) has released an update.

Confident Investing Starts Here:

Wavestone reported a 62% total growth in revenue for the first quarter of 2024/25, reaching €232.4 million, with a modest organic growth of 1% despite a challenging economic environment. The company has maintained its workforce and emphasized commercial efforts in resilient sectors, upholding its annual growth target of 3-5% and an operating margin above 13%. Additionally, Wavestone plans to relocate its headquarters to central Paris post-2026/27 fiscal year to enhance its image and attract talent.

For further insights into FR:WAVE stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App