Lumibird: EBITDA improved by 10% in 2023

(CercleFinance.com) - Lumibird reports a 38% drop in net income to 7.
1 million euros for 2023, but with an improved EBITDA of 10% to 34.5 million, 'reflecting cost control in a context of sales growth'.

The laser technology specialist saw its annual sales increase by 6.6% to 203.6 million euros, with 'buoyant momentum across all markets addressed, particularly in the defense/space segment, which has seen strong growth'.

Saying it is 'more than ever positioned to benefit from buoyant trends in its markets', Lumibird expects to 'maintain like-for-like growth in excess of 8%, and continue to improve its profitability'.

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