Ober confident in his prospects – 01/31/2023 at 18:20


(AOF) – The Ober group, a specialist in decorative and technical surfaces for interior fittings, announces consolidated sales for the 2022 financial year of 37.8 million euros, up +16.5% compared to compared to the previous year. Business grew, both in volume and price, across all of the group’s brands. The geographical diversification of its sales will make it possible in 2022 to compensate for the weak demand in France, which represents 35.4% of consolidated turnover.

The momentum of its sales is mainly based on the strong growth of the European (+36%), North American (+43%) and Asian (+13%) markets, as well as the recovery of the markets in the Maghreb (+25 %). In 2022, the Ober group achieved 64.6% of its turnover outside France.

Given this business dynamic, the Ober Group should record an improvement in its operating result in 2022.

In an uncertain economic environment, it is approaching the 2023 financial year with caution by increasing its prices in line with inflation and by investing in its energy efficiency to deal with the significant increases in energy costs. These investments, which will be operational during the first half of 2023, will significantly reduce gas and electricity consumption.

Confident in its prospects, the Ober group is pursuing its long-term strategy focused on promoting its brands through a constant policy of innovation, a permanent demand for quality and strong commitments in terms of the environment and sustainability.

It will announce its 2022 annual results on Tuesday April 11, 2023 after market close.

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Lack of visibility

The National Union of Quarry and Building Materials Industries (Unicem) indicates that, after an initial downturn in the second quarter, activity continued to deteriorate in the third quarter and recorded a drop in both aggregates (-1.3 %) than on ready-mixed concrete (-0.9%). Over the first nine months of the year, the decline was 2% for the materials business as a whole. Only tiles and bricks manage to show slight increases in activity.

The general outlook is deteriorating and recruitment difficulties and rising costs are the main sources of concern. Furthermore, Unicem underlines the difficulties in implementing the projects. The production of materials could decline this year by 3% for ready-mixed concrete (BPE) and 4% for aggregates.



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