• Wavestone cut FY 2026/27 targets to organic growth between -1% and low single-digit, recurring operating margin of 11%-13%.
• Previous guidance called for low single-digit organic growth, recurring operating margin of about 13%.
• Q1 revenue fell 2% to EUR 227 million, down 2% at constant scope and exchange rates.
• Utilization slipped to 71% in Q1 from 72% at end-March, pressuring activity despite AI projects rising to 22% of work.
• Group flagged a sharp US/UK revenue decline, GSA down about 5%, France up about 5%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wavestone SA published the original content used to generate this news brief on September 08, 2026, and is solely responsible for the information contained therein.