(CercleFinance.com) – The group’s turnover grew by 9.3% to reach 4.7 billion euros as of June 30, 2023. It was supported by growth in activity in all regions. and by recent acquisitions in the Nordic countries. Like-for-like revenue growth was 7.0%.
The group’s consolidated EBITDA decreased by 5.6%, or 37 ME, to stand at 621.4 ME (compared to 658.4 ME last year) with a margin of 13.2% (compared to 15, 3% last year). This decline is mainly linked to the 89 ME reduction in subsidies linked to Covid and the financing guarantee in France, an effect partially offset by new cost control actions.
Net profit after tax, group share, stood at 49.4 million euros, or 1.1% of turnover, down more than half compared to 118.4 million euros. the previous year, due to the contraction in operating profit and the increase in the cost of debt.
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