(AOF) – The Plastivaloire Group announces a turnover of 191.5 million euros in the 4th quarter (from July to September 2023), up 3.3% (+4.8% at constant exchange rate) . The automotive supplier underlines that this “solid” performance “constitutes a new activity record for a 4th quarter” and allows the group to cross the milestone of 800 million euros over 12 months for the first time. Annual turnover stood at 834.2 million euros, up 18.5% over the year (+18.2% at constant exchange rate).
This level is higher than the target set last August of revenues of between 810 and 830 million euros.
In an “uncertain” economic situation, the group announces that it will aim “as a priority to continue the recovery of its margin indicators”.
These results “confirm” the objective of a 2022-2023 EBITDA margin slightly higher in the second half than that of the first half. It stood at 7.9%.
The annual objectives for the next financial year will be specified as every year when the 2022-2023 results are published on December 18, 2023.
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