Bastide: over 8% growth in annual sales

(CercleFinance.com) - Bastide reports sales up 8.
2% to 529.7 million euros (+7.4% in organic terms) for its 2023-24 financial year, ahead of its target of 520 million, with international activities accounting for 16.6% of the total.

The homecare group notes that organic growth intensified in the fourth quarter, rising from +6.7% in the first nine months of the year to +9.5% in the final quarter.

Bastide confirms its target of an operating margin before non-recurring items of at least 8.4% for the 2023-24 financial year, and indicates that it is targeting sales of over 560 million (on the current scope of consolidation) for the 2024-25 financial year.

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