Pluxee Q1 Fiscal 2026 Revenues - Robust start in the 1st quarter delivering on expectations, All Fiscal 2026 financial objectives confirmed

Core Insights - The company reported a robust start to Q1 Fiscal 2026, confirming all financial objectives for the year [1][3][20] Financial Performance - Total Revenues reached €308 million in Q1 Fiscal 2026, reflecting a 9.0% organic growth and a 6.6% reported growth compared to Q1 Fiscal 2025 [2][10][26] - Operating revenue was €268 million, up 9.1% organically and 7.5% reported, driven primarily by Employee Benefits [2][12][29] - Float revenue stood at €40 million, showing an 8.5% organic growth and a 0.8% reported growth [2][13][26] Regional Performance - Continental Europe generated €121 million in revenues, with a slight organic decline of 0.4% but a reported growth of 1.4% [2][28] - Latin America saw revenues of €131 million, achieving a significant organic growth of 17.2% and a reported growth of 16.7% [2][28] - The Rest of the World contributed €56 million, with an organic growth of 12.9% but a reported decline of 2.4% [2][28] Business Segments - Employee Benefits revenue reached €271 million, reflecting an 11.2% organic growth and an 8.8% reported growth [2][27] - Other Products & Services generated €37 million, down 4.6% organically and 7.1% reported [2][27] Strategic Initiatives - The company successfully completed acquisitions of Skipr and ProEves, enhancing its multi-benefit offerings in Belgium, France, and India [4][20][19] - A solid M&A pipeline is expected to support long-term growth ambitions [4][19] Market Conditions - The company is navigating a challenging regulatory environment in Brazil but remains confident in its operational and financial performance [5][6] - Employee Benefits business performance was bolstered by strong new client acquisition and a net retention rate of 100% [6][8]