SES-imagotag reports sales of €380.7m for the first half of 2023, up 33% on the same period a year earlier.

Half-year order intake stood at 518 ME, up +35% on the first half of 2022, driven in particular by successes in the USA.

At the same time, EBITDA rose by 72% to 43.5 ME, and FCF returned to positive territory, at 34.5 ME, compared with -13.7 ME twelve months earlier.

Half-year net income rose sharply from 4.9 ME to 91.5 ME.

For the current half-year, the Group anticipates sales in line with its annual target of 800 ME, with in particular a strong 4th quarter in terms of both sales and order intake, as well as a further increase in profitability thanks to the ongoing improvement in industrial cost prices.

For 2024, the Group anticipates continued strong growth, driven in particular by acceleration in the United States, as well as increased profitability.


Copyright (c) 2023 CercleFinance.com. All rights reserved.