Exel Industries' sales totaled 310.0 million euros in the third quarter of the 2022-2023 financial year, up 13.7%. However, on a like-for-like basis, sales were up 15.6%, due to an unfavorable currency effect and a limited scope effect linked to the integration of the Devaux group.

Over 9 months, sales rose by 16.7% on a reported basis to €793 million (15.9% at constant exchange rates).

' The price increases achieved over the year, coupled with good volumes in the agro-equipment and industrial businesses, and a favorable base effect, continue to underpin the Group's growth', says management.

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