(CercleFinance.com) – Sales are up +2.4% to €19,153.4 million in 2023 in published data from one year to the next, and +4.3% in comparable data and on a number constant days.
In the 4th quarter, sales were down by (1.6)% to €4,725.3 million in published data from one year to the next, and by (1.4)% in comparable data and at a constant number of days. .
The adjusted EBITA margin of 6.8% in 2023 is down -71 bps compared to 2022, or stable restated for non-recurring items which benefited the 2022 margin. Adjusted EBITA stood at 1 300.1ME (compared to 1,378.2ME in comparable 2022) and the published EBITA comes to 1,285.9ME.
The net profit for the year stood at 774.7 ME (compared to 922.3 ME in 2022). Recurring net profit amounted to €823.3 million in 2023, down (9.7)% compared to 2022.
‘ We are now targeting, for 2024, at comparable scope and exchange rates: stable to slightly positive constant day sales growth, with a high base effect in the first half, an adjusted EBITA margin between 6.3% and 6.6% and a free cash flow conversion greater than 60%, indicates the group.