Pluxee continues to deliver solid business and financial performance in H1 and raises its Fiscal 2025 Recurring EBITDA margin objective

Issy-les-Moulineaux, France, April 17 (Bernama-GLOBE NEWSWIRE) -- 

First Half Fiscal 2025 Results

Issy-les-Moulineaux, France – April 17, 2025

Pluxee continues to deliver solid business and financial performance in H1 and raises its Fiscal 2025 Recurring EBITDA margin objective

First Half Fiscal 2025 highlights 

·  Continued execution of the Group's 3-year strategic growth plan, successfully advancing key initiatives, including M&A, while consistently driving sustainable and profitable growth

·  Robust business dynamics across regions, driven by a strong new client acquisition trend, including an increasing contribution from SMEs, alongside a solid existing client net retention rate

·  €635m Total Revenues, growing organically by +10.8%, on track with the full-year low double-digit objective, combining €552m Operating Revenue, up +10.1% organically, and €83m Float Revenue, up +16.2% organically

·  €225m Recurring EBITDA, up +22.5% organically, with a Recurring EBITDA margin of 36.4%, expanding by +260bps year-on-year on an organic basis, i.e. 35.4% expanding by +151bps on a reported basis

·  €107m Adjusted Net Profit, Group share, growing +10.5% year-on-year

·  €171m Recurring free cash flow, with a 76% Recurring cash conversion rate and a robust Net financial cash position of €1,045m as of February 28, 2025

·  Fiscal 2025 Recurring EBITDA margin expansion objective upgraded to +150bps1, compared to +75bps initially, with all other Group's full-year objectives confirmed, reflecting the strong financial performance achieved in H1 Fiscal 2025 

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