Quadient: 2022 sales up 1.4% organically

(CercleFinance.com) - Quadient has announced sales of E1,081m for 2022, up 5.
6% compared with 2021, or +1.4% organically.

At the same time, underlying EBIT reached E150m, up 2.2% on a reported basis and down 4.8% organically.

Net income, group share, amounted to E13m, after taking into account E70m in non-cash exceptional expenses, mainly related to the impairment of goodwill and real estate assets.

For 2023, organic sales growth is expected to be about 3%. For 2021-23, the group has confirmed its target of average annual organic sales growth of at least 3%


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