Q3 2023 turnover amounted to €4.2 million, up +14% compared to the same
period in 2022, integrating the traditional seasonality of the sector linked to the summer period and
a strong recovery in activity in September.
The quarter benefited from a further sustained increase of +60% in sales made to
classic candidates self-financing their driving license training, resulting in
by continuing to rebalance the activity for their benefit.
The 7% drop in turnover from candidates financing their apprenticeship with the
CPF (Personal Training Account) is linked to the strengthening of verification measures of
digital identity implemented at the end of 2022 by the public authorities, reducing the amount of
orders received via this channel and impacting with a lag of a few months the number
driving hours completed in the field. The effects of these measures have gradually been
dissipated in the first half and sales made to CPF candidates should resume
the path to growth in the 4th quarter to return to the levels of the previous year
2023-10-06 03:40:34
#Turnover #3rd #quarter
