Colas: 9m sales up 2% at E11.8bn
(CercleFinance.com) - Colas has published sales of E11.
8bn for the first 9 months of 2023, up 2% y-o-y (+5% LFL).
Meanwhile, its order book reached E13.4bn at end-September 2023, up 8% y-o-y (+11% at cer and excluding major acquisitions and disposals).
Colas reports group net profit of E165m, up E26m compared with 9m 2022, with FCF of E226m, up E57m compared with 9m 2022.
In an unstable environment, Colas confirms its target to increase operating profit from ordinary activities (ROCA) and operating profit from ordinary activities in 2023 relative to 2022.
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