Derichebourg: targets EBITDA of over E350m in 2023-24
(CercleFinance.com) - Consolidated sales for the year ended totaled E3.
6bn, down 16.7% on the previous year.
This fall was mainly due to the Recycling division (-17.8%), although was partially offset by an increase in sales in the Services to Public Sector activity (+10.9%), the group says.
FY EBITDA came to E334.8m, down 27.1% on the previous year. Recurring EBITDA came to E184.9m, down 43.6% on the previous year.
Net income from continuing operations reached E131.8m, down 40% on the previous year.
Derichebourg has set itself the target of generating recurring EBITDA in excess of E350m for FY 2023-24, with it investing less than 50% of recurring EBITDA in property, plant and equipment.
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