Pluxee posts 3.3% organic sales drop to €312 million in third quarter

Shares rose after the employee benefits group said quarterly revenue topped analysts’ expectations, even as broader scrutiny persisted over the status of its listing.

Summary

Pluxee reported a 3.3% organic decline in third-quarter revenue to €312 million ($356.8 million), but its shares rose after the employee benefits company said sales beat analysts’ expectations. The move came amid broader scrutiny over the status of the company’s listing.

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