Aubay: stable net income for the first half of the year

(CercleFinance.com) - Aubay has reported stable net income (Group share) of €16.
9 million for the first six months of 2024, with operating margin down slightly by 80 basis points to 8.1%, on sales down 0.9% to €272.3 million.

The Board of Directors has decided to approve an interim dividend of €0.50 per share for 2024, in recognition of the company's excellent financial position. This interim dividend, identical to last year's, will be paid on November 8.

Aubay confirms its targets for 2024, namely organic growth of between 0 and +3%, i.e. annual sales of between €534 and €550 million, and an operating margin of between 8.5 and 9.5%.

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