Egide: confidence displayed for the 2023 financial year


(CercleFinance.com) – Egide, a manufacturer of hermetic enclosures for sensitive electronic components, rose on the stock market this Friday after reporting its confidence in its level of activity for 2023.

The technology group, which saw its turnover increase by 4% to 33.8 million euros in 2022, explains that its order book already represents more than 60% of the anticipated budget for the new financial year 2023.

In a press release, the company acknowledges having to deal with soaring energy and raw material prices, with uncertain industrial and social consequences, as well as the implementation of energy sobriety.

But he stresses that the improvement in his activity in the second half of 2022, the strength of his order book and the outlook on his various target markets lead him to be ‘confident’ about the level of activity expected in 2023, while as well as its growth potential.

Following these announcements, the Egide share rose by 2.8% on Friday on Euronext Growth Paris.

Copyright © 2023 CercleFinance.com. All rights reserved.

Did you like this article ? Share it with your friends with the buttons below.





Facebook


LinkedIn


E-mail





Source link -85