Lucibel: increase in its gross margin in 2023

(AOF) – For the 2023 financial year, the consolidated turnover of the Lucibel group increased by 10.5% compared to that of 2022. It stood at 9.03 million euros. The change in the gross margin rate between 2022 and 2023, which goes from 51.5% to 64.4%, is explained by the group’s refocusing on its activities with higher added value. The growth in turnover, combined with the clear improvement in the gross margin rate, allows the group to generate a gross margin of 5.81 million euros in 2023 compared to 4.21 million euros, an increase in value by 38%.

Thanks to the refocusing of its activities initiated in 2022, the Lucibel group generated a gross operating surplus of 516,000 euros and achieved a positive operating result for 2023, of 134,000 euros compared to an operating loss of 2.55 million euros in 2022, thus underlining the relevance of its strategic reorientation.

The net result stood at 73,000 euros compared to a loss of 2.28 million euros in 2022. The group thus achieved profitability for the 2023 financial year.

Over the past 18 months, the group has embarked on an accelerated debt reduction trajectory. Its net debt thus increased from 5.17 million euros as of June 30, 2022 to 3.12 million euros as of December 31, 2023 with a weighted average borrowing rate of 0.7%.

Now focused on its two verticals of excellence and equipped with a structure consolidated by the results for the year 2023, the group intends to build a sustainable growth trajectory.

Lucibel expects an increase in activity in 2024, driven by two complementary dynamics: the launch of new disruptive products, at the crossroads of technological, engineering and medical research, as well as the deployment of a more aggressive commercial strategy, which should make it possible to deploy these innovations on a larger scale.

With the upcoming marketing of new products and the planned increase in international deployment, a significant increase in turnover is expected in the second half of 2024.

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