Jacquet Metals reports sales of 2.23 billion euros in 2023, down 16.9% on 2022.

Current EBITDA stands at 134 million euros (vs. 312 ME in 2022), representing 6% of sales (vs. 11.6% of sales in 2022).

Net income, Group share, falls to 51 million euros vs. 180 million euros in 2022.

Against this backdrop, Jacquet Metals reports an operating working capital requirement of 657 million euros (28% of sales) compared with 746 million euros at the end of 2022 (28% of sales), with inventories down by 103 million euros (677 million euros at the end of 2023 compared with 780 million euros at the end of 2022).

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