The Plastivaloire Group announces sales of 834.2 ME for fiscal year 22/23, up 18.5% on the previous year.

The group points out that this is the first time in its history that its sales have exceeded the 800 ME threshold over 12 months.

Plastivaloire adds: "As expected, this good business momentum was accompanied by a gradual recovery in operating profitability.

At the same time, EBITDA rose by +32.8% to 69.4 ME, with EBITDA margin increasing from 7.4% to 8.3%.

The Group thus succeeded in limiting its net losses to 11.4 ME (compared with a loss of 20.2 ME one year earlier), but was still penalized by the weight of net non-current expenses to the tune of 20 ME (including 15.3 ME of goodwill impairment in Germany with no cash impact).

In an uncertain environment, the Group aims to consolidate the milestone reached in 2022-2023, with a sales target for 2023-2024 in excess of 800 ME.

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