SII Group has published its turnover figures for the first three months of the 2022/2023 fiscal year. The overall result is a growth of 27.4% compared to the same period last year.

SII Group recorded a turnover of 238.5 million euros in the first quarter of the 2022-2023 financial year, an increase of 27.4% compared to the previous year.

This good result, which is at its highest level in almost three years, is due to an increase in the workforce and the excellent commercial performance of the teams.

Eric Matteucci, Chairman of the Board of Directors, commented: “The first quarter of the 2022-2023 financial year was in line with the previous quarter and thus posted very good results. In a deteriorating macroeconomic environment, demand during the quarter remained high and our teams took advantage of the opportunities that were created. This first quarter is a perfect launch of our new financial year and secures our scenario for the first half of the year”.

Continued growth in France

In France, SII Group achieved revenues of 102 million euros in the first quarter of the 2022-2023 financial year, representing organic growth of 13%.

The activity rate without holidays (AREH) reached 90.9% during the quarter reaching the optimal level and all the main business areas in which the SII Group operates contributed to this performance.

Perspectives

The first quarter results confirm with confidence the outlook for the full first half of this year.

This means double-digit organic revenue growth, now expected to exceed 20% in the first half, and an operating margin of 9-10%, as long as there are no major changes in the health and geopolitical situation.