(AOF) – In 2023, Gaussin announces having achieved 35.7 million euros in turnover and licensing income compared to 57.1 million euros in 2022, a drop of 37.5%. The innovative mobility specialist has an order book of 148 million euros as of December 31, 2023 compared to 130 million a year ago, with gross cash flow of 8.8 million euros as of February 9, 2024. “The financial year 2023 was strongly impacted by a series of managerial and industrial setbacks which did not allow the group to achieve the expected objectives” summarizes Gaussin in his press release.
The group cites “in particular delays in deliveries, and the disorganization of the company due to irrational decisions of the deputy general manager who was dismissed at the end of the year”.
“With a significant order book and numerous prospects, the group’s prospects remain solid, as long as it manages to overcome the economic and governance difficulties that the company is facing,” concludes management.
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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.