Robertet: 2023 earnings down 2%

(CercleFinance.com) - Robertet has announced a 1.
9% decline in 2023 net income (group share) to E74.6m, while EBITDA increased 3.6% to E133m, representing a slightly better margin of 18.4%.

Sales for the fragrances, flavors and natural ingredients group rose by 2.6% to E721.1m (+4.5% at constant exchange rates and consolidation scope), in a constext that remained inflationary for raw material and energy purchases.

A stable dividend of E8.50 per share will be proposed for 2023. A 10.6% increase in sales in Q1 2024 (+11.1% at constant exchange rates and consolidation scope) makes Robertet confident for the current year.


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