Aquila: 2023, an exercise in stability







Photo credit © BCE

(Boursier.com) — In 2023, the turnover ofAquila increased by 3.2% to stand at 31.15 million euros (30.18 ME in 2022).

Operating profit increased by 8.82% to 0.74 ME (0.68 ME in 2022).

The net result stood at 0.6 ME (0.5 ME a year earlier).

“After having largely supported and assumed an inflationary wave never before experienced with our suppliers, we still had to confirm that the range of compensatory actions implemented would work,” comments management.

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Outlook

The 1st quarter of 2024 recorded a slight drop in turnover, to 6.93 ME (7.17 ME in the 1st quarter of 2023). It is linked to cyclical adjustment factors in certain contracts.

New and important contracts, the gradual implementation of which will be spread over the next two financial years, will enable Aquila to return to the path of growth.

However, the pressure on prices has never been so strong, it will necessarily have a negative impact on results.


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