Plastivaloire: annual sales down less than 7%.

(CercleFinance.com) - Plastivaloire reports full-year sales for 2023-24 of €777.
3 million, ahead of its target set last August (around €760 million), and thus managing to limit the downturn to -6.8% (-6.3% at constant exchange rates).

Over the year, the automotive sector (parts and tooling), which accounts for 83.1% of total sales, fell by just 3.9%, while the contribution of the industrial sector dropped by 18.8% as a result of the economic downturn in certain sectors, such as construction.

Plastivaloire confirms its objective of achieving an annual EBITDA margin of around 6.5% in 2023-24, and affirms that it is approaching the 2024-25 financial year 'with determination, focused on the priority objective of restoring the Group's economic performance'.

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