Gaussin: Loss deepened in the first half, the title declines


(CercleFinance.com) – Gaussin, a builder of port and airport terminals, unveiled Monday evening an increased half-year loss due to significant expenditure related to the development of new products.

Its net income group share for the first six months of the year thus amounted to -13 million euros, compared to -10 million euros at June 30, 2021.

At the operational level, the EBITDA loss amounted to 10.7 million euros due to expenses totaling 6.1 million euros, including 800,000 euros for innovation, 1.2 million for development new products and 4.1 million euros for the marketing of its vehicles.

“These expenses must be seen as investments for the future, especially since they are already bearing fruit,” the group said in a press release.

Consolidated turnover increased by 29% to 26.5 million euros over the half-year, against 20.5 million a year earlier.

At 6.1 million euros, the port activity – which is aimed at operators of major ports through its range of automatic container transport vehicles – shows a turnover up 138%.

In terms of outlook, the company’s order book – up 20% to 89.5 million euros – allows it to confirm its objective of a consolidated turnover of 75 million euros this year. , then 100 million in 2023.

Following this publication, the title Gaussin lost 4.7% Tuesday in the first exchanges on the Paris Stock Exchange.

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