CIS : RNPG down 64% in 2023

(CercleFinance.com) - Catering International Services (CIS) reports a 64% drop in net income (group share) to 3.
2 million euros for 2023, penalized by the inflationary context, costs of mobilizing new contracts and currency impacts.

At 326.2 million euros, sales were up 10.2% at constant exchange rates, 'driven by the Eurasia and Africa zones, while South America suffered a one-off drop in activity in a context of tender renewals'.

A dividend of 0.162 euros per share will be proposed to the AGM on June 21. On the strength of a new three-year, $40 million mining contract just signed in Kazakhstan, CIS anticipates continued sustained growth at constant exchange rates in 2024.

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