HIGHCO: STABLE ACTIVITY IN Q3 2023 (MB +0.1%); 2023 GUIDANCES SPECIFIED
Stability of activity in Q3 2023 in line with expectations
– Q3 2023 Gross Margin of €18.83 million, up +0.1% based on published data and like for like.
– 9-month 2023 gross margin of €57.26 million, up +0.2% based on published data and like for like.
– Growth in digital activities (Q3 PCC at +0.7%; 9 months PCC at +2.5%) and offline activities in decline (Q3 PCC at -1.3%; 9 months PCC at -4.2%) .
– Slight increase in activities in France (Q3 PCC at +0.3%; 9 months PCC at +0.5%) and slight decline internationally (Q3 PCC at -1.2%; 9 months PCC at -1 .5%).
2023 guidance specified
– Gross margin down around -2%.
– Profit from ordinary activities up.
– Operating margin greater than 22%.
– Adjusted net profit per share increased.