Wavestone (FR:WAVE) has released an update.
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Wavestone reported a substantial 65% revenue growth in the first half of 2024/25, buoyed by recent acquisitions and organic growth. Despite a slight decline in recurring operating margin to 10.1%, the company’s net result improved by 19%, reaching €27.3 million. The firm aims for a stable revenue and a recurring operating margin of 12.5% for the year, demonstrating resilience amidst integration efforts.
For further insights into FR:WAVE stock, check out TipRanks’ Stock Analysis page.
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