(Boursier.com) — The turnover of NSC Group stands at 70.69 million euros in 2023 (66.83 ME in 2022). Operating profit increases by 45% in 2023, to 2.15 ME (1.48 ME in 2022).
The increase in interest rates increased the financial burden for the year, which amounted to €229 thousand. The company generates a consolidated net profit of 2.79 ME in 2023, an increase of +38% compared to 2022 (1.84 ME in 2022). The group’s share amounts to 2.7 ME (1.84 ME in 2022).
Outlook
The group should achieve an improving 2024 financial year. Consolidated turnover is expected to grow again by 5% to 10%.
The group anticipates an improvement in operating profitability in 2024, thanks to synergy efforts and the productivity plan initiated by the ‘Fiber to yarn’ sector in the 2nd quarter of 2023. The results should materialize this year.
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