Pluxee has demonstrated strong financial performance in the first quarter of Fiscal 2025, surpassing revenue expectations driven by both new and existing contracts. The company reported a 12.1% organic growth in its operating revenue, reaching 249 million euros, and a total revenue increase of 13.2% year-on-year. This performance was bolstered by the Employee Benefits segment, which saw a 14.9% organic growth in operating revenue.The positive financial results have been well-received by the market, leading to a significant increase in Pluxee's stock price. Shares rose by more than 11% shortly after the announcement, topping the SBF 120 index of Paris' most traded stocks. This market reaction underscores investor confidence in Pluxee's growth strategy and operational efficiency.Pluxee's success can be attributed to several factors, including robust client retention and new contract acquisitions. The company has also been active in its M&A strategy, recently acquiring Benefício Fácil in Brazil, which is expected to be accretive to its Recurring EBITDA margin from the first year. Additionally, the integration of Cobee in Spain and the partnership with Santander in Brazil have contributed to the company's growth trajectory.Overall, Pluxee's ability to exceed revenue estimates and the subsequent positive market reaction highlight the company's strong business momentum and strategic execution, positioning it well for continued growth in Fiscal 2025 and beyond.
