FY EBITDA sharply lower
The FY23 EBITDA margin (company definition) declined by 6 percentage points, falling to 8%. It was mostly impacted by negative operating leverage on the system division, with sales down 20% (lower client investments, jewellery weakness) resulting in lower contribution from the small printers sub-unit as well as from the industrial printers business line. The products division was more resilient, with the EBITDA margin down 3pp with profitability relapse due to opex inves ....
01 Apr 2024
2024 to be another transition year
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2024 to be another transition year
Prodways Group SA (PWG:PAR) | 0 0 0.0%
- Published:
01 Apr 2024 -
Author:
Gelebart Laurent LG | Lahmidi Mourad ML -
Pages:
9
FY EBITDA sharply lower
The FY23 EBITDA margin (company definition) declined by 6 percentage points, falling to 8%. It was mostly impacted by negative operating leverage on the system division, with sales down 20% (lower client investments, jewellery weakness) resulting in lower contribution from the small printers sub-unit as well as from the industrial printers business line. The products division was more resilient, with the EBITDA margin down 3pp with profitability relapse due to opex inves ....