Reported 1 day ago
Pluxee, the French voucher and benefits company, reported a 12.1% organic growth in its first-quarter operating revenue, surpassing market expectations due to effective client retention and new client acquisitions. Operating revenue reached 249 million euros, exceeding forecasts, and its shares rose more than 11%. Growth was particularly strong in Employee Benefits and Latin America, which now accounts for nearly 40% of total revenue. Despite challenges in the European market, Pluxee continues to expand its operations, notably with a recent acquisition in Brazil.
Source: YAHOO