(CercleFinance.com) – The company records growth of +6.3% in business volume (GMV) in 2023, beyond one billion euros, reflecting the first effects of the ACE roadmap (Adapt, Consolidate, Expand).
Turnover grew by +3.0% to 677 million euros in a market down by 1.8% according to Fevad.
The EBITDA margin increased from 3.0% to 3.5% due to the good performance of the gross margin, structural costs and the first effects of the rationalization of the logistics network
EBITDA increased by 21% from 19.5 million euros to 23.6 million euros. The company shows a near doubling of current operating profit to 8.1 ME. The Group’s net profit increased by 54.5% to €0.5 million in 2023.