(CercleFinance.com) – SES-imagotag publishes a turnover of €380.7 million for the first half of 2023, up 33% compared to the same period a year earlier.
Half-year order intake stands at €518 million, representing growth of +35% compared to the first half of 2022, driven in particular by successes in the United States.
At the same time, EBITDA increased by 72%, to reach 43.5 ME, and the FCF returned to positive territory, at 34.5 ME, compared to -13.7 ME twelve months earlier.
The half-year net profit is up very sharply, going from 4.9 ME to 91.5 ME.
For the current half-year, the Group anticipates a turnover in line with the annual objective of 800 ME, with in particular a strong 4th quarter both in turnover and in order intake, as well as a further increase in its profitability thanks to the continued improvement in industrial cost prices.
For 2024, the Group anticipates continued strong growth, particularly driven by acceleration in the United States, as well as an increase in profitability.
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