Dry environment. : +23.2% net profit, group share in 2023


(CercleFinance.com) – Séché Environnement publishes a turnover of €1,089 million for the 2023 financial year, an organic increase of 5.8% compared to 2022.
At the same time, EBITDA stood at 217 ME (+10.1% organically), for a current operating profit of 101 ME (+17.8%).

The group recorded consolidated net income, group share, of €47.8 million, an organic increase of 23.2%, or diluted earnings per share of €6.13 (+23.2%).
Séché Environnement will propose a 2023 dividend of 1.20 euros per share (vs. 1.10 E for 2022).

For 2024, the group confirms its objectives, namely an organic turnover increase of +5% and an organic EBITDA increase of +10% to target around 230 ME.

In addition, ‘new ambitions have been set, which outline solid prospects for growth, increased operational profitability and free cash flow generation by 2026’, underlines the group.

For 2026, the group is therefore targeting an EBITDA of between 265 and 275 ME and a ROC of between 132 and 144 ME, i.e. a current operating profitability rate of between 11% and 12% of contributed turnover.

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