Brief: B&S Group Q1 Overall Turnover Increased By 16% To Eur 525.9 Mln

B&S SA

15/05/2023 06:11

May 15 (Reuters) - B&S Group SA  BSGR.AS :
    * Q1 OVERALL TURNOVER INCREASED BY 16.0% TO € 525.9 M (13.6%
AT
CONSTANT CURRENCY), OF WHICH 14.7% ORGANICALLY (12.3% AT
CONSTANT CURRENCY)
    * Q1 OVERALL GROSS PROFIT MARGIN AS A PERCENTAGE OF TURNOVER
REMAINED STABLE
    * OUTLOOK: FOR REST OF 2023, B&S PROJECTS TO CONTINUE ITS
TOPLINE
GROWTH YET AT A LESS STEEP GROWTH PERCENTAGE THAN IN 2022, AND A
SLIGHT IMPROVEMENT IN GROSS MARGIN WHEN COMPARED TO 2022
    * OUTLOOK: WE CONTINUE TO SEE UNCERTAINTIES RELATED TO
INFLATION
AND WE EXPECT CONSUMER BUYING BEHAVIOR TO REMAIN A FACTOR
IMPACTING TURNOVER AND MARGIN LEVELS IN 2023

Source text for Eikon:  ID:nNDL5Ghcyp 
Further company coverage:  BSGR.AS 

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