Keyrus: 5.2% sales growth

(CercleFinance.com) - The Group reports consolidated sales of 370.
3 ME for fiscal 2023, up 5.2% on fiscal 2022 (+1.6% on a like-for-like basis). On a reported basis, sales in the Key Accounts segment were up 2.9%, while those in the Mid-Market segment were up 14.0%.

Growth in Key Accounts activities, up 7.9 ME (-1.3% organic decline), was achieved mainly through external growth.

Mid-Market activities, represented by the Absys Cyborg Group subsidiary, posted organic growth of 12.9% in FY 2023. Recurring income from this business represents more than half of sales (57.0% vs. 53.9% in 2022).

The Group's operating income before non-recurring items stands at 17.7ME vs. 16.1ME in 2022.

Operating income and net income, Group share stand at 13.3ME and 3.5ME respectively, vs. 11.6ME and 3.8ME in 2022.

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