Jacquet Metals: the CEO’s net profit melted in 2023


(CercleFinance.com) – Jacquet Metals publishes a turnover of 2.23 billion euros in 2023, down 16.9% compared to 2022.

Current EBITDA amounts to 134 million euros (compared to 312 ME in 2022), representing 6% of turnover (compared to 11.6% of turnover in 2022).

The Net Profit Share of the Group stands at 51 million euros compared to 180 million euros in 2022.

In this context, Jacquet Metals reports an operational working capital requirement of 657 million euros (28% of turnover) compared to 746 million euros at the end of 2022 (28% of turnover) with inventories down by 103 million euros (677 million euros at the end of 2023 compared to 780 million euros at the end of 2022).

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