Realities: CEO net income collapses (-74.5%) in 2023 – 03/28/2024 at 6:20 p.m.


(CercleFinance.com) – Realites publishes a turnover of 402 ME for the 2023 financial year, up 15% compared to the previous financial year.

At the same time, EBITDA stood at €33 million, down 8.2% compared to 2022, and operating profit stood at €20.1 million (-27.1%).

The group’s net profit collapses by 74.5% between 2022 and 2023, going from 10.7 to 2.7 million.

In 2024, in a market which has reached its lowest point and which is showing first signs of improvement before a more sustained recovery expected for 2025, the Realites group will continue the strategy implemented in

2023.

Three objectives are defined: finalize the evolution of the portfolio, establish the financial structure of the group and capitalize on the commitment of employees to support market developments.

‘Realites has all the assets to emerge stronger from the two years of consolidation that await us: great projects, committed teams, high-level engineering and fundamental values ​​adapted to the context – agility, combativeness, resilience and voluntarism’, indicates Yoann Choin-Joubert, Chairman and CEO of the Realités group.



Source link -86