On Thursday, Solutions 30 confirmed its target of double-digit growth for the 2023 financial year, which should enable it to pass the symbolic milestone of one billion euros in sales by 2023.

The technology group reports an 18% increase in Q3 sales, to 250.7 million euros, taking its revenues for the first nine months of the year to 769.7 million euros (+17.2%).

The company points out that its growth was driven primarily by its momentum in Benelux, particularly in the rollout of very high-speed Internet (FTTH) networks.

In the region, sales totaled 89.6 million euros in Q3, representing purely organic growth of 67.1%.

In France, sales totaled 98.4 million euros in Q3, representing growth of 1.7% (+0.2% organic).

In addition to confirming its target of sales in excess of one billion euros this year, the group has indicated that it intends to continue improving profitability in all its geographical zones in the second half of 2023.

Following this solid publication, Solutions 30 shares climbed by more than 11% on Thursday morning in early trading on the Paris Bourse.

Copyright (c) 2023 CercleFinance.com. All rights reserved.