(News Bulletin 247) – DBT fell on the Paris Stock Exchange on Friday the day after the publication of a half-yearly turnover which is struggling to convince the market of the commercial dynamism of the company.

Around 11:30 a.m., the title of the electric mobility specialist lost more than 14%, signing one of the biggest drops in the Paris market.

DBT announced yesterday evening that it had recorded consolidated half-year revenue for 2023 of 5.8 million euros, up 27% compared to
in the same period of the previous year.

Its order intake increased by 19% to 8.8 million euros.

The group also points out that it has an order book of more than six million euros to be produced and invoiced before the end of
exercise.

DBT explains that it will continue to strongly develop its business as an operator with its subsidiary R3, saying that it is “reasonably optimistic” in the capacity of its subsidiary to quickly garner major contracts.

DBT, which recalls that its “economic model is part of long cycles”, says it expects the continuation of a largely upward trend in its activity for the rest of the financial year with growth expected around 20% for 2023.

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