Groupe Crit: the financial situation is solid


(Boursier.com) — The turnover for the 2022 financial year of Critical Group posted an increase of 15% to 2.336 billion euros, driven by all activities and geographical areas. At constant scope and exchange rates, growth was +13.4%.

The Group posted strong growth in 2022 results with Ebitda up more than 19% at €134.8 million compared to €113.2 million in 2021. The margin was 5.8% (5.6% in 2021), i.e. +20 basis points.

After taking into account net depreciation charges, current operating income was up 35% at €101.5 million (€75.3 million in 2021).

Net income, Group share amounted to €67.9 million (€44.1 million in 2021), including a positive financial result of €2.8 million and a tax charge of €35.8 million. It is up 23.9% over the year.

As of December 31, 2022, with cash flow of €177 million and net cash of €340 million, the Group has a solid financial position.

Dividend 2022

It will be proposed to the General Meeting of shareholders, which will meet on June 9, the payment of a dividend of 3.5 euros per share. Payment is set for July 7, 2023.

Outlook 2023

With its extremely solid financial situation, the group is continuing to roll out its activities in 2023 with confidence.

In the Temporary Employment Division, the start of the year saw growth despite contrasting economic conditions. In the Airport Sector, activity at the beginning of the year is still well oriented with a return to normal in air traffic which is confirmed. Over the months of January-February, the growth in turnover exceeded 30%.



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