(Boursier.com) — The group’s consolidated turnover Girod Signals is down -4.2% to 49.9 million euros in the first half of 2023-2024, ending March 31, 2024.
The net consolidated result, group share, stands at +0.7 ME, with a deterioration of 0.1 ME compared to the previous financial year.
As of March 31, 2024, the group has a liquidity level of €19.7 million before payment of the €1 million dividend paid on May 31. Net cash after debt increased by €3.3 million with a balance of €3.9 million (excluding IFRS 16 lease liabilities of €5.2 million) compared to €0.6 million as of September 30, 2023 (excluding IFRS 16 lease liabilities of €4.8 million).
“Despite the uncertainties over the budgets of local authorities and the resumption of activity at the national level, we expect to improve our current operating profit in the 2nd half compared to the 1st half,” indicates the company.
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