Fleury Michon: net income more than quadruples in 2023
(CercleFinance.com) - Fleury Michon has announced net income of 10.
3 million euros for 2023, compared with 2.4 million the previous year, with a current operating margin up 0.8 points to 2.7%, thanks in part to 'tighter control of production costs'.
The food group's sales rose by 5.2% to 836.2 million euros (+5.5% in organic terms), underpinned by the maintenance of a strong position in its historic supermarket markets and by price adjustments.
The Board of Directors will propose a dividend of 1.30 euros per share to the AGM on June 18. Fleury Michon believes that "the 2024 financial year should be marked by a complex economic climate", so no figures can be provided at this time.
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