Aubay Société Anonyme (AUB) Q1 2026 TU earnings summary

Executive summary

• Q1 2026 revenue reached €178.2 million, up 30.9% year-over-year, with 10.6% organic growth.

• Growth driven by improved demand, strong sales momentum, and favorable pricing across all regions.

• Expansion of customer portfolio supported by integration of Solutec and new account acquisitions.

• AI for IT identified as a strategic growth driver.

Financial highlights

• France revenue rose to €111.6 million, up 50.5% year-over-year, with 13.3% organic growth.

• International revenue reached €66.6 million, with 7.4% organic growth.

• Group-wide reported growth was 30.9%, with organic growth at 10.6%.

• Productivity rate improved to 92.7% from 92.4% a year earlier.

Outlook and guidance

• 2026 revenue guidance set at €676–690 million, representing 12–15% reported growth and 3–5% organic growth.

• Operating margin from ordinary activities expected between 9.0% and 9.5%, up from 8–9% in 2025.

• Annual objectives to be reassessed after Q2 if necessary.