Bilendi: adjusted net income down by a quarter in 2023

(CercleFinance.com) - For 2023, Bilendi is reporting a 25.
1% drop in adjusted net income (group share) to 3.6 million euros and an 11.2% drop in EBITDA to 11.4 million, representing 18.2% of sales versus 20.9% in 2022.

After two record years in 2021 and 2022, sales for the research technology and data company rose by 2% to 62.7 million euros (+2.7% at constant exchange rates), with increases of 1.2% outside France and 5.2% in France.

Relatively confident in its ability to continue generating growth with sustained profitability in 2024', Bilendi confirms its 2026 objectives of sales of 100 million euros and EBITDA of 20 to 25% of sales.

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