Ekinops: net profit down 70% in 2023


(CercleFinance.com) – Ekinops publishes net income down 70% to 3.6 million euros for 2023, as well as EBITDA down 18% to 18.6 million, i.e. a margin down 3 .3 points to 14.4% for a turnover up 1% to 129.1 million.

The company indicates that it has maintained the majority of its investments (net increase of +47 employees over the financial year, trade shows and business trips, equipment dedicated to R&D) in order to prepare for future growth.

Given the current visibility and the timing of economic recovery that is still uncertain at this stage of the year, the network connectivity solutions provider is not formulating financial objectives for 2024.

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