(AOF) – The Piscines Desjoyaux group revealed sharply reduced results for the 2023 financial year, ended at the end of August, due to the sharp decline in its activity. Net profit, group share, fell by 23.94% to 16.20 million euros. Its operating profit fell by 23.7% to 21.5 million euros, showing an operating margin of 15.53% compared to 17.55% a year earlier. Its turnover is down at 138.8 million euros compared to 160.5 million euros for the 2022 financial year.
In France, the number of “8X4 equivalent” pools recorded a significant drop of 14%, the drop in turnover being only 9%, a “lag explained by the rise in prices which increased the average basket “.
Piscines Desjoyaux, which “manufactures and markets in-ground swimming pools as well as peripheral items”, specifies that the past financial year saw fewer projects come to fruition than during previous years, with “a growing wait-and-see phenomenon”. Internationally, the volume of pools decreased by 26% with a resulting drop in turnover of 20%.
Regarding its outlook, the group “wants to be cautious given the inflationary context and the global geopolitical context.”
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