AST Groupe: activity in 2021 at half mast due to supply problems – 02/08/2022 at 18:22


(AOF) – AST Groupe closed its 2021 financial year with a turnover of 159.8 million euros (-9%) following in particular the problems of supply of raw materials which continued to weigh on construction sites on the fourth quarter, as well as the drop in the order book in Property Development and Development. In the fourth quarter, group revenues fell 27% to 39.3 million euros.

However, AST Groupe achieved its best commercial performance in 2021 with 2,518 order intake, up 22% compared to 2020 and 14% compared to 2019.

Benefiting from this positive commercial momentum, the order book increased by 28% to 284 million euros.

“The rises in selling prices and the strong growth in the order book should allow AST Groupe to record a sharp increase in its turnover and an improvement in its profitability in 2022”, indicated the specialist in individual houses to about his prospects.

On the strength of this good orientation, the group confirms its CAP 300 ambition of achieving a turnover of 300 million euros for an operating profitability of more than 8% by 2025.



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