FY22 EBITDA reached EUR103m, down 2% yoy and 3% ahead of consensus The performance was supported by cost discipline notably in terms of wage inflation. Note that it could have been materially better as production difficulties in Raleigh factory amounted to cEUR30m of sales. The reported EBITDA margin reached 13.7% and would have reached 13.8% excluding some on offs and notably the go-direct strategy in China. FY22 EBITA impacted by impairment of assets The EBITA was EUR42m and up 8% yoy. The EBI ....