6. Finance


2018/2019 marked a record year for all the Group’s financial indicators.

This is due to the strong acceleration in organic sales growth over the last three years, combined with a strong increase in profitability driven by the Group’s strategy to move upmarket.

The current operating margin was 21.7% in 2018/2019, representing total organic growth of 5.0 points (at constant scope and exchange rates) since the 2014/2015 financial year (new general management). Over the last two years, total organic growth of the current operating margin was 2.6 points, reaching the 2019/2020 target (+2.4-3.0 points in 3 years) one year ahead of schedule.