The group posted another impressive set of results driven by the impact of the streamlining performed by the new management boosted by interest rate tailwinds. The management’s cautious stance on 2024 relates to the 2023 high basis of comparison, not to deteriorated perspectives.
24 Oct 2023
An impressive and largely sustainable profitability improvement
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An impressive and largely sustainable profitability improvement
- Published:
24 Oct 2023 -
Author:
David Grinsztajn -
Pages:
3 -
The group posted another impressive set of results driven by the impact of the streamlining performed by the new management boosted by interest rate tailwinds. The management’s cautious stance on 2024 relates to the 2023 high basis of comparison, not to deteriorated perspectives.