2023 turnover: €63.97 million
|
Turnover In €m – IFRS |
2023 |
2022 | Variation |
France |
55.01 |
31.70 | +73.5% |
southern Europe |
1.59 |
1.80 | -11.5% |
USA |
7.37 |
8.16 | -9.7% |
|
Total |
63.97 |
41.66 | +53.5% |
In 2023, The Passat Group will achieve a turnover of €63.97 million, for €41.66 million in 2022.
At 2
n/a
half-year 2023, the Group’s turnover stands at €32.35 million compared to €21.47 million in 2
n/a
semester 2022.
Analysis of activity by region
In France (86% of the Group’s activity), annual turnover increases by 73.5% compared to 2022.
At 2
n/a
half-year, our turnover amounts to €25.69 million compared to €14.03 million in the 2
n/a
semester 2022
.
These figures include the activity of the subsidiary Best Of TV which will achieve a turnover of €26.09 million in 2023 compared to €1.7 million in December 2022 (date of acquisition by Passat of a majority stake) .
In Southern Europe (2.5% of turnover), on the 2
n/a
half-year, turnover stood at €0.82 million compared to €0.82 million in 2
n/a
half of the previous financial year. At €1.59 million, annual activity decreases by 11.5% compared to 2022.
In the USA (11.5% of turnover), sales stood at €7.37 million, down 9.7%. At constant exchange rate the drop is 5%.
Outlook
Taking into account the external growth operation in December 2022, the Passat Group anticipates an improvement in 2023 operating income compared to 2022.
Next communication:
2023 annual results, April 26, 2024, before market.
The PASSAT group, in brief…
Passat is the European leader in image-assisted sales.
The group offers large distribution chains in France real turnkey sales spaces (video corners). Thanks to its fleet of video devices, Passat sells consumer products divided into 8 ranges.
The Passat group is made up of: Passat SA (France), Best of TV, Passat Spain, Passat Portugal, Passat USA and Echelon Fit.
The securities are listed on compartment C by Euronext Paris
ISIN code: FR0000038465 –
Bloomberg code: PASS FP-
Reuters code: PASS.PA
Find all the Group’s financial and corporate news on: http://www.passat.fr/information-investors.html
CONTACTS
Jean-Luc AJASSE
Administrative and financial director
01 30 08 24 40
[email protected]
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Regulated information:
Inside information:
– Information on annual turnover
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