SII: net income up 35.4% over the financial year


(CercleFinance.com) – SII publishes a turnover of 1022 ME for the 2022/2023 financial year, an increase of 23.4% compared to the previous financial year, thanks to a strong momentum in the ‘activity across all sectors’, according to SII.

At the same time, operating profit increased by 27.3% to 100 ME, while consolidated net profit was 80.4 ME, up 35.4%.

The SII group adds that it will propose at the General Meeting of Shareholders to be held on September 21, 2023, the payment of a dividend in the amount of 0.50E per share.

In this context of lack of visibility, the SII group anticipates organic revenue growth of between 8 and 12% for the first half of its 2023/2024 financial year. The SII group also aims to maintain its level of operating margin between 9% and 10% over this first half.’

The SII group indicates that it will specify its objectives for the year when publishing its half-yearly results, depending on economic developments.

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