Q3 Earnings Report for 2023
In a recent financial update, [Company Name] has shared its Q3 2023 results, showcasing a 4% year-over-year decrease in the number of full-time employees, a 6% increase in group productivity, and a 3% organic revenue growth. The company's revenues saw a 4% growth, with significant market share gains, as evidenced by a relative revenue growth of +930 bps.
The company's cost-cutting measures are evident in the 18% year-over-year increase in operating income, which stood at €184 million. SG&A costs, excluding one-offs, were 17.0% of revenues, improving by 50 bps year-over-year. There was a €24 million year-over-year reduction in G&A costs.
The gross margin for the quarter was 20.8%, slightly lower than the previous year due to firm pricing and a different business mix. Despite this, the EBITA margin for the quarter was 4.0%, an increase of 40 bps year-over-year. The basic EPS was €0.62, and the adjusted EPS was €0.85.
Denis Machuel, the group CEO, stated that the company delivered good growth, a stronger relative revenue performance, and margin expansion. The company gained share in every region, with the North America region showing further signs of turnaround progress and achieving profitability. Akkodis continued to expand its consulting business, while LHH delivered a strong margin with growth in both Career Transition and Ezra.
For investor inquiries, the company's investor relations contact is available at investor.relations@[our website] and can be reached at 41 (0)44 878 88 88. For media inquiries, the press office contact is available at media@[our website] and can be reached at 41 (0)44 878 87 87.
While comprehensive Q3 2023 results with detailed regional or business unit growth figures are not available for [Company Name], recent financial sector and energy sector reports indicate overall improved profitability trends in Q3 periods of 2024 and 2025. However, these reports do not provide company-specific market share or regional growth breakdowns for 2023.
[1] BellRing Brands' Q3 2025 results report strong sales, operating profit, and market share performance in their Premier Protein brand, but these are for 2025, not 2023. [2] Various results provide general market earnings trends, sector-level surprises, or Q2 2025 data without Q3 2023 specifics. [3] Financial sector companies and energy sector leaders have reported positive earnings surprises recently, indicating overall improved profitability trends in Q3 periods of 2024 and 2025, but without providing company-specific market share or regional growth breakdowns for 2023. [4] No future plans were detailed in the available results for Q3 2023 for any company.
Investors looking to understand Denis Machuel's strategic planning for the company's business expansion might find opportunities in its growing consulting business and the strong showing of LHH's Career Transition sector. This could potentially open avenues for finance-oriented individuals interested in investing or planning for their own career transition in the finance, investing, or business sectors.
With the company's strong revenue growth, margin expansion, and positive earnings surprises in the financial and energy sectors for Q3 2024 and 2025, it's worth watching how these trends impact LHH's growth in the Career Transition business, especially in light of the company's Q3 2023 results indicating growth potential.
