Lumibird intends to continue improving its profitability


(AOF) – Lumibird posted a net profit of 7.1 million euros, down 38%, for its 2023 financial year. The laser specialist published an Ebitda of 34.5 million euros, in improvement of 10% and a turnover of 203.6 million euros, an increase of 6.6%. The activity was marked by “a buoyant dynamic on all markets”, particularly in the defense/space segment which experienced growth of 30.9%, to 39.4 million euros. The medical division increased to 102.8 million euros, an increase of 5.5% over the period.

In a context of persistent inflationary pressures, the group’s gross margin rate is holding up in 2023, at 61.7% compared to 61.8% a year earlier.

In terms of prospects, Lumibird, after three years of strong investments, “is more than ever positioned to benefit from the growing trends in its markets”. In this context, the group, which will publish its revenue for the first quarter of 2024 on April 22, plans to maintain like-for-like growth above 8% and to continue improving its profitability.

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