Bastide: in the green after its half-year results

(CercleFinance.com) - Bastide gained more than 2% following the publication of net income down 8.
3% to 2.2 million euros for its first half 2024-25, but with operating income before non-recurring items up 14.3% to 25 million, representing a margin improved by 0.8 points to 9.1%.

Sales came to 275.5 million, up 8.5% organically, driven by the excellent momentum of the homecare business and renewed growth in the homecare sector.

For the current financial year, the homecare provider confirms that it is targeting sales of over 560 million euros (on the current scope of consolidation), and has raised its target for recurring operating margin to 9.1% or more, compared with 8.7% previously.

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