(AOF) – Orapi revealed a group share loss of 18.8 million euros for its 2023 annual results compared to a net profit of 800,000 euros in 2022. The manufacturer of high-tech products and solutions for hygiene and industrial maintenance published an Ebitda of 16.3 million euros compared to 16 million euros a year earlier and 19.8 million in 2021. Its turnover of 229.1 million euros appears down 0.2% compared to 2022 at current scope.
The management board, newly composed since December 22, 2023, takes note of the 2023 results, significantly below the objectives planned by the “Orapi 2025” Plan, which is now obsolete.
This same management board has initiated an in-depth diagnosis “which should enable it to initiate a 3-year turnaround plan, with the main objective of returning to a positive net result”, according to a press release.
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