(CercleFinance.com) – The Group now expects organic growth of between 8% and 10% (compared to 3% to 6% previously), a current operating margin of around 10.5% of revenue (compared to around 10 % previously) and a growing EBITDA margin of around 50 basis points (compared to +20-30 basis points previously).
The group is also targeting industrial investments of between 85 and 90 million euros, in order to take into account the impact of exchange rates and inflation (against between 80 and 85 million euros previously).
‘This increase in forecasts is based on sustained levels of activity and orders in the 1st half, a better than expected performance in the process industries and a positive impact of price increases on turnover’ indicates the group .
Copyright © 2022 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends with the buttons below.
