Bogart: an expected annual Ebitda on the rise















(Boursier.com) — At the end of the first half of 2022, Bogart publishes consolidated revenue of 131 ME, up +28.7% compared to the 1st half of 2021 and +12% at constant scope and exchange rates.
EBITDA came out at 14.1 ME, compared to 13.8 ME in the 1st half of 2021, up +2.2%.

Operating profit was -6.2 ME as of June 30, 2022 compared to -2.9 ME as of June 30, 2021. It includes €18.4 ME in depreciation and provisions, up +2.9 ME compared to compared to the 1st half of 2021. Net income, Group share amounted to -8.7 ME at June 30, 2022 compared to -4.7 ME at June 30, 2021.

Bogart anticipates a catch-up in the second half with an increase in 2022 EBITDA compared to the 2021 financial year…

The strong momentum of launches will fully support the activity of the Bogart Fragrances & Cosmetics division, while the group recalls that the Bogart Beauty Retail activity is traditionally much more profitable in the 2nd half.

Learn more about the luxury sector with eToro


©2022 Boursier.com






Source link -87