(Boursier.com) — The turnover of quadient reached 524 ME in the first half of 2022, representing organic growth of 0.7% compared to the first half of 2021.
Current operating income excluding acquisition-related charges amounted to €65 million in the first half of 2022 compared to €70 million in the first half of 2021, which represents an organic decline of 17%.
The current operating margin excluding acquisition-related charges thus stood at 12.5% of revenue in the first half of 2022 compared to 14% in the first half of 2021.
Net income, Group share thus amounted to 29 ME in the first half of 2022 compared to 45 ME in the first half of 2021.
Organic revenue growth is expected at more than 2% for the full year 2022.
The expected organic3 growth in current EBIT3 is also confirmed at a low to mid-single digit level with a second half that should be marked by a marked improvement in profitability compared to the first half.