(News Bulletin 247) – Chargeurs rose sharply on the Paris Stock Exchange on Thursday following the publication of 2022 annual results that came out ‘at the top of expectations’.
The specialist in technical materials and textiles for luxury and fashion says it recorded “solid” performance last year in an inflationary environment.
Its operating profit from activities (ORPA) thus amounted to 45.4 million euros, compared to 50.7 million euros in 2021, a decrease of 10.5% year-on-year.
This indicator, however, shows an increase of 41.7% excluding health activities, a business which presented an ‘atypical’ level in 2021 due to the pandemic.
Chargeurs – which says it benefits from its diversified model and is accelerating in ultra-premium – underlines that it has gained market share in all of its businesses.
Its gross margin thus increased by 80 basis points to 26.1%, demonstrating the ‘pricing power’ on which the company can rely.
Saying that it is confident in its prospects, Chargeurs has set itself three priorities for 2023, namely enhancing the rebound in the major markets of the technology division, materializing the change of scale of its Museum Studio division and carrying out a structuring acquisition within the luxury division. .
On the Paris Stock Exchange, the action climbed 12.8% late Thursday morning after these results.
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