{"id":112878,"date":"2025-07-03T02:13:00","date_gmt":"2025-07-03T05:13:00","guid":{"rendered":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/releases\/releases-geral\/pluxee-delivers-solid-organic-growth-performance-in-q3-fiscal-2025-in-line-with-full-year-objectives\/"},"modified":"2025-07-03T02:13:00","modified_gmt":"2025-07-03T05:13:00","slug":"pluxee-delivers-solid-organic-growth-performance-in-q3-fiscal-2025-in-line-with-full-year-objectives","status":"publish","type":"post","link":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/releases\/releases-geral\/pluxee-delivers-solid-organic-growth-performance-in-q3-fiscal-2025-in-line-with-full-year-objectives\/","title":{"rendered":"Pluxee delivers solid organic growth performance in Q3 Fiscal 2025, in line with full-year objectives"},"content":{"rendered":"<p><strong><strong>Q3 Fiscal 2025 Revenues<\/strong><\/strong><\/p>\n<p>Issy-les-Moulineaux, France  July 3<sup>rd<\/sup>, 2025 <\/p>\n<p><strong>Pluxee delivers solid organic growth performance in Q3\u00a0Fiscal 2025, in line with full-year objectives <\/strong><\/p>\n<p><strong><strong>Highlights<\/strong><\/strong><\/p>\n<ul>\n<li><strong>Robust commercial and topline performance<\/strong>, supported by balanced and resilient business model fueled by multiple growth drivers, maintaining the Group on track to achieve full-year targets<\/li>\n<li><strong>310 million euros Total Revenues <\/strong>in Q3 Fiscal 2025, growing organically by <strong>+11.1%, <\/strong>driven by Employee Benefits, up +12.3% organically<\/li>\n<li><strong>270 million euros Operating revenue<\/strong>, up <strong>+11.1%<\/strong> organically, <strong>more<\/strong> <strong>weighted toward Latin America and Rest of the world<\/strong> in line with anticipations<\/li>\n<li><strong>39 million euros Float revenue<\/strong>, growing up <strong>+10.8%<\/strong> organically at a slightly stronger pace than expected<\/li>\n<li><strong>Continuous execution of M&amp;A strategy<\/strong>, with the signing of the acquisition of <strong>MyBenefits<\/strong> in Romania, the acceleration of the deployment of the <strong>Santander <\/strong>strategic partnership and the integration of <strong>Cobee<\/strong> in Spain and<strong> Benef\u00edcio F\u00e1cil<\/strong> in Brazil<\/li>\n<li><strong>Full-year financial objectives confirmed<\/strong>, reflecting solid performance in the first 9 months<\/li>\n<\/ul>\n<p><strong><strong>Q3 Fiscal 2025 key figures<\/strong><\/strong><\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt;vertical-align: bottom\"> (in million euros) <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> <strong>Q3 Fiscal 2025<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong><strong>Q3 Fiscal 2024<\/strong><\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Organic Growth (%)<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom;text-align: right;vertical-align: middle\"> <strong>Reported Growth<\/strong><br \/><strong>(%)<\/strong>  <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: bottom\"> Operating revenue <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-left: solid black 1pt;vertical-align: bottom\"> 270 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> 257 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>11.1%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>5.4%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: bottom\"> Float revenue <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-left: solid black 1pt;vertical-align: bottom\"> 39 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> 40 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>10.8%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>-2.2%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: bottom\"> <strong>Total Revenues<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-left: solid black 1pt;vertical-align: bottom\"> <strong>310<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> 297 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <strong><em>11.1%<\/em><\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>4.3%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: bottom\"> <em>of which<\/em> <\/td>\n<td style=\"width:14.48%;border-left: solid black 1pt;vertical-align: bottom\"> \u00a0 <\/td>\n<td style=\"width:14.48%;vertical-align: bottom\"> \u00a0 <\/td>\n<td style=\"width:14.48%;vertical-align: bottom\"> \u00a0 <\/td>\n<td style=\"width:14.48%;vertical-align: bottom\"> \u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\"> Continental Europe <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-left: solid black 1pt;vertical-align: bottom\"> 134 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> 123 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>6.5%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>8.9%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\"> Latin America <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-left: solid black 1pt;vertical-align: bottom\"> 121 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> 116 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>13.8%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>4.1%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\"> Rest of the world <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-left: solid black 1pt;vertical-align: bottom\"> 55 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> 58 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>15.2%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>-4.9%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: bottom\"> <em>of which<\/em> <\/td>\n<td style=\"width:14.48%;border-left: solid black 1pt;vertical-align: bottom\"> \u00a0 <\/td>\n<td style=\"width:14.48%;vertical-align: bottom\"> \u00a0 <\/td>\n<td style=\"width:14.48%;vertical-align: bottom\"> \u00a0 <\/td>\n<td style=\"width:14.48%;vertical-align: bottom\"> \u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\"> Employee Benefits <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-left: solid black 1pt;vertical-align: bottom\"> 270 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> 257 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>12.3%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>4.9%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;border-bottom: solid black 1pt;vertical-align: bottom\"> Other Products &amp; Services <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> 40 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> 40 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>2.9%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>0.6%<\/em> <\/td>\n<\/tr>\n<\/table>\n<p><strong><strong>Aur\u00e9lien Sonet, Chief Executive Officer of Pluxee, commented:<\/strong><\/strong><\/p>\n<p align=\"justify\"><em>&#8220;The\u00a0<strong>solid performance delivered by Pluxee<\/strong> over the first nine months reflects not only the strength and resilience of our balanced growth model, but also the daily commitment of our teams across the world to continue delivering value for all our stakeholders.<\/em><\/p>\n<p align=\"justify\"><em>In the third quarter, while we maintained our low double-digit organic growth trajectory, we also continued to\u00a0<strong>execute our M&amp;A roadmap<\/strong>. This materialized through the signing of the MyBenefits acquisition in Romania, the further integration of Cobee in Spain and Benef\u00edcio F\u00e1cil in Brazil, as well as the acceleration of our key partnership rollout with Santander.<\/em><\/p>\n<p align=\"justify\"><em>I want to thank our teams for their dedication, which continues to drive profitable growth across our markets. In light of the strong execution and performance delivered over the first nine months, and while remaining mindful of the macroeconomic trends in a number of geographies, we remain\u00a0<strong>confident in our ability to deliver on our full-year ambitions.<\/strong>&#8220;<\/em><\/p>\n<p><strong><strong>Sustained business momentum<\/strong><\/strong><\/p>\n<p align=\"justify\"><strong>Total Business volumes issued (BVI)<\/strong> reached<strong> 5.7 billion euros<\/strong> in the third quarter of Fiscal 2025, and <strong>18.8\u00a0billion euros <\/strong>over the first nine months, compared to 18.3 billion euros in the first nine months of Fiscal 2024. <\/p>\n<p align=\"justify\"><strong>Employee Benefits&#8217; <\/strong>business volumes issued stood at <strong>4.6 billion euros<\/strong> in Q3 Fiscal 2025, growing <strong>+6.7% <\/strong>organically, reaching <strong>14.2\u00a0billion euros<\/strong> over 9 months, up <strong>+9.0%<\/strong> organically excluding one-off effects from the Purchasing Power Program (PPP) in Belgium. This\u00a0performance reflected <strong>solid commercial momentum<\/strong>, underpinned by (i) strong new client acquisition and (ii) a solid net retention rate supported by improved churn and continued increase in face value. As anticipated, growth remained geographically more weighted toward Latin America and Rest of the world, while Continental Europe displayed contrasted dynamics  with strong momentum in Southern Europe and headwinds in the end-user portfolio across other countries.<\/p>\n<p align=\"justify\"><strong>Other Products &amp; Services&#8217; <\/strong>business volumes issued amounted to<strong> 1.2 billion euros<\/strong> in Q3 Fiscal 2025, up to <strong>4.7\u00a0billion euros<\/strong> over 9 months. Regained momentum in Public Benefits, particularly in Chile, was offset by temporary phasing effects in ordering from two contracts in Belgium and Romania.<\/p>\n<p><strong><strong>Q3 Fiscal 2025 revenue performance<\/strong><\/strong><\/p>\n<p align=\"justify\"><strong>Total Revenues<\/strong> reached <strong>310\u00a0million euros<\/strong> in Q3 Fiscal 2025, growing <strong>+11.1%<\/strong> organically year-on-year, as a result of positive trend in Operating revenue and a steady growth in Float revenue. Reported growth reached +4.3% compared to Q3 Fiscal 2024, including a -10.3% currency effect, mainly related to Brazil, T\u00fcrkiye and Mexico, and a +3.6% positive scope effect. <\/p>\n<p><strong><strong>Total Revenues by nature<\/strong><\/strong><\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt;vertical-align: bottom\"> (in million euros) <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> <strong>Q3 Fiscal 2025<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Q3 Fiscal 2024<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Organic Growth (%)<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom;text-align: right;vertical-align: middle\"> <strong>Reported Growth <\/strong><br \/><strong>(%)<\/strong>  <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%\"> Operating revenue <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-left: solid black 1pt;vertical-align: bottom\"> 270 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> 257 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>11.1%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>5.4%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt\"> Float revenue <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> 39 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> 40 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>10.8%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>-2.2%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt\"> <strong>Total Revenues<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> <strong>310<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> 297 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong><em>11.1%<\/em><\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>4.3%<\/em> <\/td>\n<\/tr>\n<\/table>\n<p> <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt;vertical-align: bottom\"> (in million euros) <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> <strong>First 9 months Fiscal 2025<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>First 9 months Fiscal 2024<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Organic Growth (%)<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Reported Growth (%)<\/strong> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%\"> Operating revenue <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-left: solid black 1pt;vertical-align: bottom\"> 822 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> 774 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>10.4%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>6.2%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt\"> Float revenue <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> 123 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> 115 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>14.3%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>6.8%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt\"> <strong>Total Revenues<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> <strong>945<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> 889 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong><em>10.9%<\/em><\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>6.2%<\/em> <\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\"><strong>Operating revenue<\/strong> reached <strong>270\u00a0million euros<\/strong> in Q3 Fiscal 2025, up <strong>+11.1%<\/strong> organically and +5.4% reported, including a +3.5% scope effect and a -9.3% currency translation effect. The Group sustained a double-digit organic growth trajectory in Operating revenue this quarter, supported notably by the easing of base effects\u00a0 faced in Q2 Fiscal 2025 in Employee Benefits.<\/p>\n<p align=\"justify\"><strong>Float revenue<\/strong> amounted to <strong>39\u00a0million euros<\/strong> in Q3 Fiscal 2025, growing by <strong>+10.8%<\/strong> organically, at a slightly stronger pace than expected, and by -2.2% in reported growth including +4.2% scope effect and -17.1% currency effect. The upward trend in Float revenue in Q3 Fiscal 2025 was supported by a combination of growing Float base and an improved average investment yield year-on-year. Over the first 9 months, Float revenue reached <strong>123 million euros<\/strong>, up <strong>+14.3% <\/strong>organically. As expected, the organic growth rate of Float revenue has leveled off year-on-year and relative to the first two quarters of Fiscal 2025, reflecting the peak in interest rates previously reached across most of Pluxees markets. Nevertheless, the Group continues to benefit from its efficient investment strategy, along with still elevated rates in certain Latin America and Rest of the world countries.<\/p>\n<p><strong><strong>Operating revenue by line of service<\/strong><\/strong><\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt;vertical-align: bottom\"> (in million euros) <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> <strong>Q3 Fiscal 2025<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Q3 Fiscal 2024<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Organic Growth (%)<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom;text-align: right;vertical-align: middle\"> <strong>Reported Growth<\/strong><br \/><strong>(%)<\/strong>  <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: bottom\"> Employee Benefits <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-left: solid black 1pt;vertical-align: bottom\"> 234 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> 220 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>12.8%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>6.5%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt;vertical-align: bottom\"> Other Products &amp; Services <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> 36 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> 37 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>0.5%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>-1.7%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Operating revenue<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> <strong>270<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> 257 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong><em>11.1%<\/em><\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>5.4%<\/em> <\/td>\n<\/tr>\n<\/table>\n<p> <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt;vertical-align: bottom\"> (in million euros) <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> <strong>First 9 months Fiscal 2025<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>First 9 months Fiscal 2024<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Organic Growth (%)<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Reported Growth (%)<\/strong> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: bottom\"> Employee Benefits <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-left: solid black 1pt;vertical-align: bottom\"> 698 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> 651 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>12.1%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>7.3%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt;vertical-align: bottom\"> Other Products &amp; Services <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> 124 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> 124 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>1.0%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>0.2%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Operating revenue<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> <strong>822<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> 774 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong><em>10.4%<\/em><\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>6.2%<\/em> <\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\"><strong>Employee Benefits<\/strong> generated <strong>234\u00a0million euros <\/strong>in Operating revenue in Q3 Fiscal 2025, up <strong>+12.8% <\/strong>organically, <em>i.e.<\/em> +6.5% reported growth including a -10.5% currency effect and a +4.2% scope effect. This performance was driven by robust business volume dynamics and steady take-up rate, which has improved by +19bps year-on-year over the first nine months.<\/p>\n<p align=\"justify\"><strong>Other Products &amp; Services<\/strong> generated Operating revenue of <strong>36\u00a0million euros<\/strong> in Q3 Fiscal 2025 compared to 37\u00a0million euros in Q3 Fiscal 2024, growing <strong>+0.5%<\/strong> organically. The positive contribution of the regaining of a large Public benefit contract in Chile was partly compensated by the ongoing business repositioning in the United Kingdom and the United States.<\/p>\n<p><strong><strong>Operating revenue by region<\/strong><\/strong><\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt;vertical-align: bottom\"> (in million euros) <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> <strong>Q3 Fiscal 2025<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Q3 Fiscal 2024<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Organic Growth (%)<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom;text-align: right;vertical-align: middle\"> <strong>Reported Growth<\/strong><br \/><strong>(%)<\/strong>  <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: bottom\"> Continental Europe <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-left: solid black 1pt;vertical-align: bottom\"> 120 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> 108 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>8.8%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>11.5%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: bottom\"> Latin America <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-left: solid black 1pt;vertical-align: bottom\"> 106 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> 102 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>13.6%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>3.4%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt;vertical-align: bottom\"> Rest of the world <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> 45 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> 47 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>11.0%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>-4.3%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Operating revenue<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> <strong>270<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> 257 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong><em>11.1%<\/em><\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>5.4%<\/em> <\/td>\n<\/tr>\n<\/table>\n<p> <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt;vertical-align: bottom\"> (in million euros) <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> <strong>First 9 months Fiscal 2025<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>First 9 months Fiscal 2024<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Organic Growth (%)<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Reported Growth (%)<\/strong> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: bottom\"> Continental Europe <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-left: solid black 1pt;vertical-align: bottom\"> 368 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> 341 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>6.2%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>8.2%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;vertical-align: bottom\"> Latin America <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-left: solid black 1pt;vertical-align: bottom\"> 310 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> 302 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>12.8%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;vertical-align: bottom\"> <em>2.8%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt;vertical-align: bottom\"> Rest of the world <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> 144 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> 132 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>15.9%<\/em> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>8.6%<\/em> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:42.06%;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>Operating revenue<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"> <strong>822<\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> 774 <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong><em>10.4%<\/em><\/strong> <\/td>\n<td style=\"width:14.48%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <em>6.2%<\/em> <\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">Mixed geographic business dynamics shaped Operating revenue organic growth by region in Q3 Fiscal 2025.<\/p>\n<p align=\"justify\">In <strong>Continental Europe<\/strong>, Operating revenue reached <strong>120\u00a0million euros<\/strong> in Q3 Fiscal 2025, up <strong>+8.8% <\/strong>organically and +11.5% on a reported basis including a +2.8% scope effect. Organic growth rebounded as expected in Q3 Fiscal 2025 as base effects eased, although some pressure persisted due to weakening macroeconomic trends in certain markets. <\/p>\n<p align=\"justify\">In <strong>Latin America<\/strong>, Operating revenue reached <strong>106\u00a0million euros<\/strong> in Q3 Fiscal 2025, growing <strong>+13.6%<\/strong> organically, i.e. +3.4% reported growth including a -16.2% currency impact related mainly to Brazil and Mexico, and a +6.0% scope effect. Growth was mainly driven by sustained strong commercial execution in Brazil, further supported by the Santander partnership operating at full speed, and the recovery of a major Public Benefit contract in Chile, while Mexico continued to face pressure stemming from the impact of the United States economic policies.<\/p>\n<p align=\"justify\">In <strong>Rest of the world<\/strong>, Operating revenue amounted to <strong>45\u00a0million euros<\/strong> in Q3 Fiscal 2025, showing <strong>+11.0%<\/strong> organic growth when excluding a -15.3% currency impact mostly related to the evolution of the Turkish Lira. T\u00fcrkiye and India were the main drivers of organic growth in Rest of the world, compensating headwinds from ongoing business repositioning in the United Kingdom and the United States.<\/p>\n<p><strong>Continued M&amp;A strategy execution<\/strong><\/p>\n<p align=\"justify\">The Group further advanced <strong>the execution of its M&amp;A strategy<\/strong> during the quarter, with the signing of the acquisition of <strong>MyBenefits in Romania<\/strong>.<\/p>\n<p align=\"justify\"><strong>MyBenefits<\/strong> is a fast-growing Romanian company, known for its <strong>innovative technology<\/strong> sustaining a flexible and personalized employee benefit offering. The transaction builds on a successful partnership between the two companies, developed over the last three years. With this acquisition, the Group continues to deliver on its strategic growth roadmap, expanding its technological capabilities and strengthening its position in a key Continental Europe market.<\/p>\n<p align=\"justify\">The acquisition is expected to generate\u00a0<strong>sustainable growth synergies<\/strong> and unlock additional revenue opportunities through cross-selling. Subject to approval by the Romanian regulatory authorities, the transaction will be fully financed through existing financial resources and is expected to be accretive to Recurring EBITDA margin from Fiscal 2026. <\/p>\n<p align=\"justify\">Furthermore, while the Group actively pursued the integration of <strong>Cobee<\/strong> in Spain and <strong>Benef\u00edcio F\u00e1cil<\/strong> in Brazil, the <strong>strategic partnership with Santander<\/strong> is now fully operational, supporting commercial reach and growth potential in the Brazilian market.<\/p>\n<p><strong>Confirmed outlook for Fiscal 2025 and Fiscal 2026 <\/strong><\/p>\n<p align=\"justify\">The strong performance delivered over the first 9 months of Fiscal 2025 as well as the resilience of the Group&#8217;s business model in the current environment enable <strong>Pluxee to confirm its financial objectives for Fiscal 2025<\/strong>:<\/p>\n<ul>\n<li><strong>Low double-digit<\/strong> Total Revenues organic growth;<\/li>\n<li><strong>+150bps<\/strong> Recurring EBITDA margin expansion (at Fiscal 2024 constant rates);<\/li>\n<\/ul>\n<p align=\"justify\">The Group also maintains all <strong>its other financial objectives unchanged<\/strong>:<\/p>\n<ul>\n<li><strong>Low double-digit<\/strong> Total Revenues organic growth in Fiscal 2026;<\/li>\n<li><strong>+75bps<\/strong> Recurring EBITDA margin expansion in Fiscal 2026 (at Fiscal 2024 constant rates);<\/li>\n<li><strong>Above 75%<\/strong> Recurring cash conversion rate on average over Fiscal 2024 to Fiscal 2026.<\/li>\n<\/ul>\n<p align=\"justify\">Based on the latest available consensus, the Group expects Float revenue to grow organically by low double-digit in Fiscal 2025.<\/p>\n<p align=\"justify\">Financial objectives for Fiscal 2025 and Fiscal 2026 also take into account the synergies expected from the deployment of the partnership with Santander and the integration of closed M&amp;A deals.<\/p>\n<p><strong>Conference call for investors and analysts<\/strong><\/p>\n<p align=\"justify\">Pluxee will hold a <strong>conference call<\/strong> in English on July 3, 2025, at 8:30 a.m. CET to present its <strong>Q3 Fiscal 2025 Revenues<\/strong>.<\/p>\n<p align=\"justify\">To connect:<\/p>\n<ul>\n<li>from France: +33\u00a01\u00a070\u00a091\u00a087\u00a004; or<\/li>\n<li>from the UK: +44\u00a0121\u00a0281\u00a08004; or<\/li>\n<li>from the U.S.: +1\u00a0718\u00a0705\u00a08796,<\/li>\n<\/ul>\n<p align=\"justify\">followed by the access code 07\u00a026\u00a076.<\/p>\n<p align=\"justify\">The live audio webcast will be accessible on <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ukc5Gt2rzxg7syKEnsyOX10P29D57dFfm4h0OulDWfNwU4hmKgT6tydSo-U5QvjQOFNofKHpsMoJ1Riqt8MUBTZrn5AVaCmHIv6MJ__jH90=\" rel=\"nofollow\" target=\"_blank\">www.pluxeegroup.com<\/a>\u00a0<\/p>\n<p align=\"justify\">The press release, presentation and the webcast replay are available on the Group website <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ukc5Gt2rzxg7syKEnsyOX10P29D57dFfm4h0OulDWfOnO0ZF-AJ91q1U71jo83KaIK9NEDO6pxe2IKi9SEVXiYnSonUXmFcqebJJq3hfEyc=\" rel=\"nofollow\" target=\"_blank\">www.pluxeegroup.com<\/a>\u00a0in the section &#8220;Investors  Financial results and publications&#8221;.<\/p>\n<p><strong>Financial calendar<\/strong><\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:64.96%;border-top: solid black 1pt;vertical-align: top\"> <strong>Annual Fiscal\u00a02025 Results<\/strong> <\/td>\n<td style=\"width:35.04%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: top\"> October 30, 2025 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:64.96%;border-bottom: solid black 1pt;vertical-align: top\"> <strong>Fiscal\u00a02025 Annual Shareholders&#8217; Meeting<\/strong> <\/td>\n<td style=\"width:35.04%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top\"> December 17, 2025 <\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">These dates are indicative and may be subject to change without notice.<\/p>\n<p align=\"justify\">Regular updates are available in the calendar on our website <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ukc5Gt2rzxg7syKEnsyOX10P29D57dFfm4h0OulDWfMFInoW8kcFSMQ-JbTZZdlSETBDLq7hwgKmo-CJ-BlZ1hb8pppbSby21fdB8fzmH6k=\" rel=\"nofollow\" target=\"_blank\">www.pluxeegroup.com<\/a>\u00a0<\/p>\n<p><strong>About Pluxee<\/strong><\/p>\n<p align=\"justify\">Pluxee is a global player in Employee Benefits and Engagement that operates in 29 countries. Pluxee helps companies attract, engage, and retain talent thanks to a broad range of solutions across Meal &amp; Food, Well being, Lifestyle, Reward &amp; Recognition, and Public Benefits. Powered by leading technology and more than 5,400\u00a0engaged team members, Pluxee acts as a trusted partner within a highly interconnected B2B2C ecosystem made up of more than 500,000\u00a0clients, 37\u00a0million+ consumers and 1.7\u00a0million+ merchants. Conducting business for more than 45\u00a0years, Pluxee is committed to creating a positive impact on local communities, supporting well-being at work for employees and protecting the planet. For more information: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ukc5Gt2rzxg7syKEnsyOX10P29D57dFfm4h0OulDWfNS13Vc0saKW3bIrY0RZFppqOviStyZsJquNUDTPjsOtV4U8ugYAU-HoTj0IAHF8rs=\" rel=\"nofollow\" target=\"_blank\">www.pluxeegroup.com<\/a>.\u00a0<\/p>\n<p><strong>Contacts<\/strong><\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:50%;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;vertical-align: top;text-align: center;vertical-align: middle\"> <strong>Media<\/strong><br \/>Cecilia de Pierrebourg<br \/><a href=\"mailto:cecilia.depierrebourg@pluxeegroup.com\" rel=\"nofollow\" target=\"_blank\">cecilia.depierrebourg@pluxeegroup.com<\/a><\/td>\n<td style=\"width:50%;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;vertical-align: top;text-align: center;vertical-align: middle\"> <strong>Analysts and Investors<\/strong><br \/>Pauline Bireaud<br \/><a href=\"mailto:pauline.bireaud@pluxeegroup.com\" rel=\"nofollow\" target=\"_blank\">pauline.bireaud@pluxeegroup.com<\/a><\/td>\n<\/tr>\n<\/table>\n<p><strong>Appendices<\/strong><\/p>\n<p><strong><strong>Total Revenues<\/strong><\/strong><\/p>\n<p><strong><strong>Breakdown of Total Revenues by nature<\/strong><\/strong><\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:30.22%;vertical-align: bottom\"> \u00a0 <\/td>\n<td colspan=\"2\" style=\"width:17.44%;text-align: center;vertical-align: middle;vertical-align: bottom\"> <strong>Q1 Fiscal<\/strong> <\/td>\n<td colspan=\"2\" style=\"width:17.44%;text-align: center;vertical-align: middle;vertical-align: bottom\"> <strong>Q2 Fiscal<\/strong> <\/td>\n<td colspan=\"2\" style=\"width:17.44%;text-align: center;vertical-align: middle;vertical-align: bottom\"> <strong>Q3 Fiscal<\/strong> <\/td>\n<td colspan=\"2\" style=\"width:17.44%;text-align: center;vertical-align: middle;vertical-align: bottom\"> <strong>First 9 months<\/strong> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:30.22%;border-bottom: solid black 1pt\"> (in million euros) <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>2025<\/strong> <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>2024<\/strong> <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>2025<\/strong> <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>2024<\/strong> <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>2025<\/strong> <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>2024<\/strong> <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>2025<\/strong> <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\"> <strong>2024<\/strong> <\/td>\n<\/tr>\n<tr>\n<td style=\"width:30.22%;vertical-align: bottom\"> Operating revenue <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle;border-left: solid black 1pt\"> 249 <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle\"> 231 <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle;border-left: solid black 1pt\"> 303 <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle\"> 287 <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle;border-left: solid black 1pt\"> 270 <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle\"> 257 <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle;border-left: solid black 1pt\"> 822 <\/td>\n<td style=\"width:8.72%;text-align: center;vertical-align: middle\"> 774 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:30.22%;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-right: solid black 1pt\"> <em>Organic growth (%)<\/em> <\/td>\n<td colspan=\"2\" style=\"width:17.44%;text-align: center;vertical-align: middle;border-right: solid black 1pt;vertical-align: bottom\"> <em>12.1%<\/em> <\/td>\n<td colspan=\"2\" style=\"width:17.44%;text-align: center;vertical-align: middle;border-right: solid black 1pt;vertical-align: bottom\"> <em>8.4%<\/em> <\/td>\n<p>&lt;td colspan=&quot;2&quot; style=&quot;width:17.44%;;text-align: center ;  vertical-align: middle; border-right: solid black 1pt ; vertical-align: b<\/p>\n","protected":false},"excerpt":{"rendered":"Q3 Fiscal 2025 Revenues\nIssy-les-Moulineaux, France  July 3rd, 2025 \nPluxee delivers solid organic growth performance in Q3\u00a0Fiscal 2025, in line with full-yea","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-112878","post","type-post","status-publish","format-standard","hentry","category-releases-geral"],"acf":[],"_links":{"self":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/posts\/112878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/comments?post=112878"}],"version-history":[{"count":0,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/posts\/112878\/revisions"}],"wp:attachment":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/media?parent=112878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/categories?post=112878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/tags?post=112878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}