FY23 results reported last week; EBITA halved
The company''s FY EBITA halved from FY24 levels to EUR11.3m, impacted by lower volumes and rising energy costs. Market conditions deteriorated sharply in Europe, especially for the innovative materials segment (73% of sales). Net profit group share plummeted by 70% to EUR4.7m.
Transform 2025 plan
To cope with the cyclical nature of its activities in a context of hefty working capital needs, Serge Ferrari is implementing a mid-term plan aimed at op ....
