Financial PerformanceManagement lowered its underlying FY24 guidance by 4-6% on revenue and 10-12% on EBITDA with its 3Q24 results due to weakness in Business Innovation and Cybersecurity.
Profitability IssuesBusiness Innovation's profitability was largely below last year's level, mainly due to the lack of contribution from the recently acquired French company ABF and a soft domestic market.
Stock PerformanceThe company's stock has experienced a significant negative performance, losing over 40% since the beginning of the year.