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Colas: confirms FY 2023 targets

( - Consolidated revenue amounted to E6.
8bn in H1 2023, up 4% y-o-y (+6% LFL).

H1 sales were E3.0bn in France and E3.8bn internationally (+1% and +9% respectively LFL).

Backlog stood at an all-time high of E14.1bn at end-June 2023, up 9% y-o-y and 11% at constant exchange rates, excluding major acquisitions and disposals.

The group made a recurring operating loss of -E127m in H1 2023, E29m better than in H1 2022.

At the bottom line it made a loss of E137m, compared with -E132m at end-June 2022.

Colas has confirmed its target of increasing current operating profit from activities (COPA) and current operating profit in 2023 compared with 2022.

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