(AOF) – Delta Plus Group revealed 2023 results marked by an improvement in its operational profitability. Net profit, group share, increased by 12.3% to 38 million euros. Current operating profit increased by 10.4% to 57.9 million euros, or 13.8% of turnover, an increase of 1.3 points. It marks a return to the profitability levels reached before the Covid-19 period: 13.7% as of December 31, 2019. Sales increased by 0.1% to 420.6 million euros.
They increased by 1.9% at constant scope and exchange rates adjusted for the impact of hyperinflation in Argentina.
The dividend proposed at the next general meeting on June 14, 2024 will amount to 1.25 euros per share, an increase of 13.6%.
The group confirmed for 2024 “continued organic growth in its turnover, despite a macro-economic and geopolitical context that is still very uncertain, and an unfavorable base effect in the first quarter”.
No scope effect is anticipated at this stage for the 2024 financial year despite the group’s desire to continue its policy of investment in external growth.
In terms of profitability, Delta Plus Group confirms the return to the pre-Covid level of operational profitability.
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Rail investment plan
The French railway industry is in second place in Europe and third place worldwide. This industry displays a trade surplus, which generates more than 100,000 jobs in France. The announcement of the future plan for French rail transport provides in particular for the regeneration and modernization of the network, the average age of which is 30 years in our territory. This age is much higher than that of countries like Germany (17 years) and Switzerland (15 years). An annual investment increasing from 2.8 billion euros to nearly 4 billion euros should make it possible to maintain the entire network in good condition.