Wavestone SA reported unaudited consolidated revenue results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported revenue of EUR 86.1 million against EUR 54.2 million a year ago.

For the nine months, the company reported revenue of EUR 248.2 million against EUR 145.7 million a year ago.

The company confirms its 2016/17 full-year objectives for consolidated revenue in excess of EUR 340 million; however pressures remain in light of the subdued performance of Kurt Salmon's activities. Turning to profitability, the firm reiterates its objective of operating income on ordinary activities above EUR 34 million, giving a double-digit EBIT margin.