M&A
confidence high
sentiment neutral
materiality 0.75
Concentrix files Webhelp financials for pending acquisition; Q1 2023 revenue €678M, adj. EBITDA €387.9M (U.S. GAAP)
Concentrix Corp
- FY2022 adj. EBITDA €376.3M (U.S. GAAP); LTM Mar 2023 adj. EBITDA €387.9M ($404.1M).
- Q1 2023 revenue €678.3M (+15.1% YoY); net profit €14.7M (down from €20.4M in Q1 2022).
- Non-current financial liabilities €1.74B; cash and equivalents €350.5M as of Mar 31, 2023.
- Transaction announced Mar 29, 2023; subject to regulatory and Concentrix shareholder approvals.
- Top revenue verticals in Q1 2023: e-commerce/retail €162.1M, telecom €104.1M, digital/high-tech €106.7M.