Mersen: Confirms its 2023 financial targets – October 25, 2023 at 6:21 PM
Économie

Mersen: Confirms its 2023 financial targets – October 25, 2023 at 6:21 PM

Mersen publishes sales of 302 ME for the 3rd quarter, an organic increase of 8.6% compared to the same period a year earlier and +1.3% in published data.

In terms of organic growth, activity is improving, both for the Advanced Materials division (+6.7%) and for Electrical Power (+11%).

On the other hand, activity fell by 2.8% and 2.6% in the Asia Pacific and Rest of World regions (organically), respectively, but grew (still organically) by 13.4% and 14, respectively. 6% in Europe and North America.

In this context, the group confirms its objectives for the year 2023 and specifies its prospects for turnover and industrial investments.

The group therefore aims for organic growth between 11% and 12% (compared to previously between 10% and 12%); a current operating margin between 11% and 11.2% of turnover and industrial investments between 175 and 200 million euros (vs. between 150 and 200 million euros).

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