(CercleFinance.com) – The Plastivaloire Group announces having achieved a turnover of 834.2 ME during the 22/23 financial year, a figure up 18.5% compared to the previous financial year.
The group specifies that this is the first time in its history that its activity has crossed the threshold of 800 ME over 12 months.
‘This good business dynamic was accompanied, as expected, by a gradual recovery in operational profitability,’ adds Plastivaloire.
At the same time, EBITDA stood at €69.4 million, up +32.8%, with an EBITDA margin increasing from 7.4% to 8.3%.
The group thus manages to limit its net losses to 11.4 ME (compared to a loss of 20.2 ME earlier) but remains penalized by the weight of net non-current charges amounting to 20 ME (including 15.3 ME of depreciation of goodwill in Germany without impact on cash flow).
In an uncertain context, the Group aims to consolidate the milestone reached in 2022-2023 with a 2023-2024 turnover target of greater than €800 million.
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