(CercleFinance.com) – Fleury Michon recorded a turnover of €422.3 million in the first half, up 12.8% compared to the same period a year earlier.
At the same time, current operating profit is stable, at 6.1 ME, but the consolidated net profit stands at 1.2 ME, compared to 3.6 ME twelve months earlier.
‘The economic environment still remains highly uncertain, notably like the prices of certain materials and energies which showed sharp increases during the first half of 2023’, underlines the company.
Thus, Fleury Michon’s financial situation will remain closely linked to its ability to quickly adjust the selling prices of its products to fluctuations in production costs.
In the medium term, the company reaffirms its confidence in its model. It will continue to rely on its strengths to develop its activities: its brand and its notoriety, the quality of its products and its capacity for innovation, the commitment of its teams.