Claranova reported a net loss of -11 million euros for its 2022-23 financial year, but improved its operating margin by one point to 6.4% on record sales of 507 million, up 7%, driven by all divisions.

These good levels of performance are the fruit of efforts focused on optimizing our costs, improving our customer acquisition channels and the excellent performance of subscription sales for our software publishing division", explains the company.

In terms of outlook, Claranova is targeting operating profitability of 10% for the 2023-24 financial year, and estimates that it should reach 700 million in revenues over the next few years, depending on various assumptions.

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