Aubay has reported a 2% fall in net income to €17 million for the first half of 2023, with operating margin down 1.4 points to 8.9% on sales of €274.8 million, representing organic growth of 6.3%.

Noting 'the good level of net income and the excellent financial situation', its Board of Directors has decided to pay an interim dividend of 0.50 euro per share for 2023, to be paid on November 10.

Aubay expects to land at the lower end of its 2023 targets, i.e. organic growth of between +5 and +7%, i.e. annual sales of between €540 and €550 million, and an operating margin of between 9.5 and 10.5%.

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