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Derichebourg: H1 net income down 39%

( - Technical services group Derichebourg has published H1 2022-23 net income of E72m, down 39.
1% y-o-y, with recurring operating profit of E106.1m, down 35.2%.

Recurring EBITDA fell 21.1% to E179.2m, with lower volumes, lower unit margins and higher costs in the recycling business (especially energy) accounting for most of this change.

Revenues fell by 12.7% to E1.82bn, mainly due to the recycling division (-13.9%), although this was partially offset by an increase in the utilities business (+16%).

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