Plastivaloire: annual turnover slightly higher than expectations


(CercleFinance.com) – The Plastivaloire Group publishes a turnover of 191.5 ME for the 4th quarter, up 3.3% compared to the same period a year earlier (+4.8% at exchange rate constant).

Activity in the Automotive sector (parts and tools) increased by +3.1% to reach €151.7 million over the quarter. The Industries sector (parts and tools) came to €39.8 million, up +4.3%.

Over the entire financial year, turnover reached 834.2 ME, an increase of 18.5% compared to the previous financial year (+18.2% at constant exchange rate), a level higher than the objective set last August (between 810 and 830 ME).

‘The good level of activity, the actions taken to limit the impact of inflation on its costs as well as the adjustment of its pricing policy support the objective of a 2022-2023 EBITDA margin slightly higher than the second half to that of the first half (as a reminder 7.9%)’, indicates Plastivaloire.

The group announces that its annual objectives for the next financial year will be specified as every year when it publishes its 2022-2023 results on December 18, 2023.

Copyright © 2023 CercleFinance.com. All rights reserved.

Did you like this article ? Share it with your friends using the buttons below.





Facebook


Linkedin


E-mail

This is a Smartvoice article: see legal notices





Source link -85