(AOF) – The Parot Group posts a consolidated net profit of 1.9 million euros for the first half of 2023, compared to 1.5 million a year ago. The specialist in the distribution of private and commercial vehicles specifies that its Ebitda reached 7.7 million euros compared to 4.9 million a year ago, an increase of 57%, for a turnover increased from 181 to 203 million. The group says it is “confident about its growth prospects, the maintenance of its operating margins, and the resilience of its results for the year 2023”.
“The increase in volumes and the continued progression of our Service activities are contributing positively to our operational performance, in our two areas of activity, and with constant attention paid to controlling our costs,” explains Alexandre Parot, CEO. “At the same time, we worked to improve our debt ratio which further gained 0.8 points compared to the end of December 2022.”
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