(CercleFinance.com) – SMCP (Sandro, Maje, Claudie Pierlot) jumped 10%, after the announcement of resilient turnover of 295 million euros for the third quarter of 2023, down 2% organically, on a high comparison basis and in a degraded environment.
‘Our action plan is bearing fruit and its effects should intensify during the fourth quarter. Thus, we are confident in our ability to continue our growth trajectory,’ indicates general manager Isabelle Guichot.
The group confirms its annual financial objectives revised in September, namely mid-single digit revenue growth at constant exchange rates, as well as an adjusted EBIT margin of between 7% and 9%.
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