Brief: Lumibird Posts 2023 Revenues Of 203.6 Million Euros

Lumibird SA

29/01/2024 16:51

Jan 29 (Reuters) - Lumibird SA  LBIRD.PA :
    * LUMIBIRD: 2023 REVENUES AT EUR 203.6M
    * FY ORGANIC EBITDA MARGIN EXPECTED TO EXCEED 17%
    * LEVEL OF REVENUES ACHIEVED IN 4E QUARTER (EUR 64.6M)
SHOULD
ENABLE GROUP TO CONFIRM ITS MID-DECEMBER 2023 ADJUSTED TARGET OF
AN ORGANIC EBITDA MARGIN IN EXCESS OF 17%
    * CURRENCY EFFECT HAD A NEGATIVE IMPACT ON REVENUES OF EUR
4.5M IN
2023, SPLIT BETWEEN PHOTONICS (EUR 2.4M) AND MEDICAL (EUR 2.1M).
Q4 2023 SALES WERE IMPACTED BY EUR 1.3M
    * GROUP IS MAINTAINING ITS GROWTH TRAJECTORY, DRIVEN BY
DYNAMISM
OF ITS KEY MARKETS: DEFENCE/SPACE, MEDICAL AND LIDAR, WHERE
DEMAND IS STRONG IN SHORT AND MEDIUM TERM
    * GROUP ANTICIPATES MORE PROFITABLE GROWTH IN YEARS AHEAD,
AS IT
REAPS REWARDS OF ITS INVESTMENTS

Source text for Eikon:  ID:nGNE30KDSd 
Further company coverage:  LBIRD.PA 

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