After two years of stellar performance, volumes and pricing power are normalizing, while energy price and raw material inflation hit the group''s profitability in H1 and led it to revise down 2023 objectives. Beyond, a challenging construction market and the slowdown of household consumption are headwinds, while the emphasis on new solutions (biogas) looks promising over the midterm.
H123 results: Energy bill and raw material inflation weighed on profitability
After nine quarters of double-digi ....

15 Sep 2023
Business normalization and cost inflation on the cards

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Business normalization and cost inflation on the cards
- Published:
15 Sep 2023 -
Author:
Benhamou Stephen SB -
Pages:
8 -
After two years of stellar performance, volumes and pricing power are normalizing, while energy price and raw material inflation hit the group''s profitability in H1 and led it to revise down 2023 objectives. Beyond, a challenging construction market and the slowdown of household consumption are headwinds, while the emphasis on new solutions (biogas) looks promising over the midterm.
H123 results: Energy bill and raw material inflation weighed on profitability
After nine quarters of double-digi ....