Stif posts solid 2023 performance


(AOF) – Stif unveiled its 2023 annual results, showing a group net profit of 2 million euros, an improvement of 16% compared to 2022 and an Ebitda up 37% to 4.74 million euros. The turnover of the explosion protection specialist is up 14% to 35.5 million euros. Activity for the first quarter of 2024 shows growth of 77% to 12.8 million euros. euros compared to the same quarter of 2023.

The Stif board of directors will propose at the General Meeting of June 12, 2024 the payment of a dividend of 0.19 euros per share for the 2023 financial year.

In terms of prospects, the company confirms its ambition to achieve a turnover by 2027 of around 80 million euros accompanied by an Ebitda greater than 15% of turnover.

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