Ober: half-year revenue down 6.2%


(AOF) – The Ober group, a specialist in decorative and technical solutions for interior fittings, announces for the first half of 2023 a consolidated turnover of 19 million euros, down 6.2% compared to a high basis of comparison in the first half of 2022, which was up 21%. Sales progressed evenly between France and Export despite an uncertain economic climate dominated by the wait-and-see attitude of principals.

The performances by brand mainly reflect an improvement in activity in Lorraine since the second quarter, the maintenance of solid growth at Concrete LCDA in Anjou over the half-year and the continued development of Shelter.

Stramiflex, in Tunisia, achieved half-year sales of €4.8 million, down 24.1% compared to the first half of 2022. Business was impacted by a difficult economic environment, marked by tensions in supply chain, high inflation and a sharp slowdown in demand. Currency fluctuations had a negative impact of €0.15 million on revenue for the half-year.

On the outlook side, in the short term, faced with an uncertain market context, the Ober group operates with prudence and discipline by adjusting its prices according to inflation and by optimizing its costs and productivity.

In the longer term, the group is pursuing its development strategy through a constant policy of innovation, a permanent demand for quality and strong commitments in terms of the environment and sustainability.

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