(News Bulletin 247) – LDLC publishes a turnover of 567 ME for the 2022/23 financial year, down 17.2% compared to the previous financial year.

According to the group, activity was penalized by a demanding base effect, not a high new equipment rate for households and businesses or even by the economic context which encouraged potential buyers to postpone their expenditure and investments in the face of inflation.

In this context, the gross operating surplus stands at 14.3 ME (against 58.4 ME in 2021-2022), i.e. an EBITDA margin of 2.5% against 8.5% in 2021-2022.

The group’s share of net income finally amounted to 1.2 ME, far from the 36.1 ME recorded a year earlier.

The group indicates that it will propose to the General Meeting of shareholders to be held on September 29, 2023, a dividend of €1.20 per share for the 2022-2023 financial year (as a reminder, an interim payment of €0.4 has already was paid in February).

LDLC indicates that it has set itself the objective of returning to slight growth at constant scope in 2023-2024, and a more dynamic pace, taking into account the contribution of the activities of the ACTI MAC Group since April 1, 2023.

Copyright (c) 2023 News Bulletin 247. All rights reserved.