(AOF) – Société des Bains de Mer announces consolidated net income – group share for 2022/2023 of 896.2 million euros, compared to a profit of 76.4 million euros for the financial year 2021/2022 , an increase of €819.8 million. The annual turnover amounts to 667.0 million euros against 530.5 million euros for the previous financial year. The operating result is 72.2 million euros against 35.4 million euros over the previous financial year, “increasing in all sectors of activity”.
“The activity of the SBM Group over the first two months of the new 2023/2024 financial year is in line with that observed in the 2022/2023 financial year” notes the group in its press release. “However, the random nature of gaming activity does not allow forecasts to be made for the whole exercise,” he adds.
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World tourism still on the rise
Over the first nine months of 2022, 700 million tourists traveled internationally, more than double (+133%) the figure recorded for the same period in 2021. This figure reached 63% of 2019 levels , which should allow the sector to reach 65% of its pre-pandemic levels in 2022. This result is due to a strong level of demand and the gradual lifting of restrictions in a large number of countries. Europe is significantly supporting this rebound with the arrival of 477 million people between January and September 2022 (68% of the global total), reaching 81% of the pre-covid level. Tourism there is driven by strong intra-regional demand and travel from the United States. Some destinations recorded notable increases in receipts, including Serbia, Romania, Turkey, Latvia, Portugal, Pakistan, Mexico, Morocco and France.