In-article:

DBT: revenue more than doubled in 2022, favorable outlook – 01/19/2023 at 11:30 am


(CercleFinance.com) – The DBT group reported on Thursday a turnover more than doubled for the 2022 financial year and “very favorable” prospects for 2023, a publication received without much enthusiasm on the Paris Stock Exchange.

Driven by a booming electric mobility market, the specialist in charging systems for electric vehicles generated total revenue of 9.7 million euros last year, compared to 4.4 million in 2021.

Its commercial dynamics resulted in a surge in order intake, which reached 13 million euros at the end of the financial year, i.e. a multiplication by 2.7 compared to 2021.

Regarding 2023, DBT says it anticipates a turnover of between 15 and 20 million euros, with the objective of building up a base of recurring income likely to facilitate a return to operational profitability.

Following this publication, the DBT share listed on Euronext Growth Paris lost 1.8% late Thursday morning. It has fallen by some 78% over the past 12 months.



Source link -86