EQS-Ad-hoc: Majorel Group Luxembourg S.A. / Key word(s): Half Year Results/Half Year Results Majorel Group Luxembourg S.A.: Majorel delivers solid results for H1 2023 24-Aug-2023
Adjusted for the impact of FX, group revenue growth in H1 2023 was +9%5, with an FX impact on group revenue of -1% .For H1 2023, Operating EBITDA was €177 million . The Operating EBITDA margin was 16.7% and in line with prior guidance.
On August 17, 2023, Majorel launched Majorel Infinity , as a platform for digital consumer engagement services, to serve the needs of clients in Asia-Pacific and to support our further development in the region. With more than 600 specialists, its core services include consumer data & insights, technology, and digital marketing strategy & services. It is a part of Majorel's Tech & Expert Services.
We will continue to execute our proven strategy, driven by the expertise and commitment of our people, and built on the trust and loyalty of our long-term clients.A webcasted conference call for investors and analysts will be hosted on Thursday, August 24, 2023, at 14:00hrs CET. The presentation of the H1 2023 results is currently available on the Investor Relations section of Majorel's website .We're a global CX leader. Clients say that our agile culture makes us special, which means that doing business with us is easy. As experts in customer experience management, we've seen it all, so we're able to ensure the reliability our clients need and the care their customers deserve.
[4] The COVID-19 related business and the acquisitions of Alembo, Findasense, and IST are fully reported within the EASA Segment. [8] Net revenue retention H1 2023 is defined as net revenue generated by clients in H1 2023 divided by net revenue generated by the same cohort of clients in H1 2022 . Net revenue retention H1 2022 is defined as net revenue generated by clients in H1 2022 divided by net revenue generated by the same cohort of clients in H1 2021 .
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