Mersen: targets turnover growth of around 5% in 2024


(CercleFinance.com) – Mersen achieved a turnover of 1,211 million euros in 2023, organic growth of 13.2% compared to 2022, of which approximately 5% is linked to price increases.

The Group’s current EBITDA reached €202.7 million, up 8.7% compared to 2022 (+14% at constant exchange rates).

Current operating profit stood at €137.3 million, representing growth of 12.9% compared to 2022 (+19% at constant exchange rates). The current operating margin was 11.3%, an increase of 40 basis points.

Net income, Group share, amounts to 81.6 million euros for the year 2023, representing growth of more than 20% compared to 2022.

For the year 2024, the group is targeting organic growth in turnover of around 5%, a current operating margin of around 11% of turnover and industrial investments which should be between 200 and 240 million euros. euros.

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