(Boursier.com) — The 2023 consolidated net revenue of Tipiak stands at 225.4 million euros, down -5.8% compared to 2022 (239.4 ME).
The Dry sector posted an increase in sales of +2.1% to €86.2 million. Turnover was down -10.2% to €139.2 million in the Cold sector. Sales in volume (tonnes) fell by -9%, including -6.7% in the Dry sector and -13.9% in the Cold sector.
In France, the high level of inflation weighed on food consumption and customer demand throughout 2023. Tipiak also recorded a sharp decline in sales of catering products in the International Cold sector, impacting significantly economic results.
In this context, and as already announced in November 2023, the group forecasts a deterioration in gross operating surplus which should be close to 12 ME for the 2023 financial year. The Board of Directors will meet on March 21, 2024 to approve the accounts for the financial year ending December 31, 2023.
Outlook 2024
The Tipiak group will deploy its policy of strengthening market shares in its strategic segments, supporting business growth through its promotional and advertising spending, targeted product innovation and the pursuit of its plans to conquer markets, investments and competitiveness.
The group plans a return to growth in its turnover and economic results in 2024.
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