Nagarro's 2023 Audited Results Show 9.4% Revenue Growth in Constant Currency

• Nagarro released audited financial numbers for 2023 and its Annual Report for 2023 - FY 2023 showed consistent performance and 6.5% revenue growth - Revenue grew to €912.1 million in 2023, with a constant currency growth of 9.4% - Gross profit and Adjusted EBITDA were affected by excess capacity throughout the year - Operating cash flow was €77.7 million in 2023, with a reduction in fund utilization under the factoring program - Nagarro reported 18,413 professionals as of December 31, 2023

The price of Nagarro at the time of the news was 72,38EUR and was up +0,21 % compared with the previous day.
15 minutes after the article was published, the price was 70,85EUR this corresponds to a minus of -2,11 % since publication.
At this time, the index SDAX was at 14.112,84PKT (-0,56 %).

Nagarro

+1,46 %

+7,05 %

-9,08 %

-21,63 %

-26,43 %

-21,29 %

+4,49 %

+4,49 %

-13,08 %

ISIN:DE000A3H2200WKN:A3H220

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