Gérard Perrier: 17% growth in annual net profit

(CercleFinance.com) - Gérard Perrier Industrie reports net income for 2023 up 17.
2% to over 19.5 million euros, and operating income before non-recurring items up 6% to nearly 24.7 million.

The group, which specializes in automation and electrical equipment for industry, achieved sales of 304 million euros, up 8.5% on 2022 (+7.6% on a like-for-like basis).

The Management Board will propose a dividend of 2.30 euros per share (compared with 2.15 euros in 2023) at the AGM on June 6, and anticipates that sales will stabilize at around 300 million euros in 2024, with earnings in line with the Group's historical norm.

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