Assystem targets an increase in operating margin in 2024 – 03/13/2024 at 6:16 p.m.


(AOF) – Assystem revealed a consolidated net profit of 102.8 million euros in 2023 compared to 49.9 million euros in 2022. The 2023 accounts include 70.9 million euros of change in fair value on the 5% stake in Framatome, which was sold. Operating profit from international engineering group activity increased by 13.3% to 37.4 million euros, or 6.5% operating margin compared to 6.7% in 2022. Assystem highlights that the year been “marked by the effects of the early recruitment campaign initiated at the end of 2022 to ensure the group’s growth”.

Already published, the consolidated turnover at 577.5 million euros is up 17%, including 14.6% organically.

The 2023 free cash flow (excluding the impact of the application of IFRS 16) is positive at 20.4 million euros, or 3.5% of consolidated turnover, compared to 26.5 million euros respectively. euros and 5.4% of consolidated turnover in 2022.

For the 2023 financial year, Assystem will propose the payment of a dividend of 12.5 euros per share for the approval of the shareholders meeting at a general meeting on May 24, 2024, as well as the payment of an interim dividend of 7 euros per share whose payment is set for April 5, 2024, on the basis of a detachment on April 4, 2024.

Taking into account the sale of Pacifique and the acquisitions made on the date of publication, Assystem has set itself objectives for 2024 of consolidated turnover of around 620 million and an operating margin of around 7%.

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