SQLI: net profit down 37% in 2023


(CercleFinance.com) – SQLI publishes a turnover of €251.2 million for the 2023 financial year, up 2% compared to 2022.

France (+2.3%) and international (+2.0%) contribute homogeneously to the growth of the Group’s revenues.

At the same time, current operating profit fell by 4%, to 20.6 ME, while EBIT stood at 12.4 ME (-23%) and net profit stood at 4.8 ME. (-37%).

Between 2020 and 2023, SQLI increased its turnover by 5.5% on an annual average and increased its current operating margin from 3.4% to 8.2% of turnover.

The Group wishes to enter the year 2024 into this cycle, with an acceleration in the growth of its turnover compared to 2023 and a further improvement in profitability making it possible to achieve a double-digit current operating margin rate.

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