SergeFerrari Group: growth continues thanks to price increases











Photo credit © SergeFerrari


(Boursier.com) — SergeFerrari Group achieved revenue of €79.6 million in the third quarter of 2022, up 13.5% and 7.1% at constant scope and exchange rates. The group recalls that this increase in sales is mainly the result of the application of price increases passed in 2022, consequences of inflation of raw materials and energy. Over the quarter, the price-mix effect thus contributed to sales growth of +17.4% (or 12.2 million euros).

Conversely, the volume effect was negative at 10.3%, resulting from the context of pressure on industrial and logistics capacities. The Group has recruited its Director of Supply Chain, who arrived in September 2022, whose mission will be, in particular, to improve customer service, the transformation of the order book into turnover and the optimization of internal flows linked to recent scope changes.

SergeFerrari Group posted revenue of €249.7 million for the first nine months of 2022, up +16.2% and +13.1% at constant scope and exchange rates. The group confirms that it is aiming for an annual turnover of 335 million euros.


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