(Boursier.com) — Desjoyaux swimming pools saw its turnover for the 2021-2022 financial year stabilize at 160.5 ME compared to 160.9 ME for the 2020-2021 financial year. In France, the number of “equivalent 8×4” pools recorded a significant drop of nearly 10%, but turnover for its part showed an increase of 2.5%, a phenomenon explained by the rise in tariffs and the increase of the average basket with pools better equipped this year than in recent years. The past financial year has in fact seen fewer projects come to fruition than during the previous financial year, but projects of higher quality.
Internationally, the volume of pools fell by 20% accompanied by a drop in turnover of 4%. Piscines Desjoyaux explains this trend by the geopolitical and inflationary context as well. The group posted an operating result of 28.2 ME, down 20% compared to the record level of the previous year. The margin fell to 17.5% of turnover against 21.75% over the previous financial year. EBITDA amounted to 34 ME, representing more than 21% of turnover. Net income Group share amounted to 21.3 MEUR, i.e. 13.3% of turnover compared to 25.5 M€ for the financial year ended 08/31/2021, i.e. a decrease of 16.5% .
Piscines Desjoyaux wants to be cautious in its outlook and would be satisfied with a consolidation of the latest achievements with regard to the current geopolitical and health context. The group is working on this consolidation in several major areas: modernization and automation of the logistics and industrial process, establishment of a new R&D center, modernization and automation of the plastic manufacturing process in order to restore operating margins.
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