Bastide: 42% increase in half-year net income


(CercleFinance.com) – Bastide announces net income from continuing operations up 42% to 8.3 million euros for its first half of 2022-23 with a current operating margin of 8.6%, up 20 points baseline and above the minimum target of 8.3%.

The homecare provider posted revenue of 249.7 million, up 11.9%, including organic growth of 5% in line with expectations, despite a drop of more than 56% in sales personal protective equipment.

The Bastide group intends to continue its trajectory in the second half of the year and confirms its objectives of an annual turnover of around 510 million euros and a current operating margin above 8.3%.

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