sur Jacquet Metal Service (EPA:JCQ)
Jacquet Metal Service: Results for the first half of 2024
Jacquet Metal Service announces a turnover of 1,074 million euros for the first half of 2024, down 15.5% compared to the same period in 2023. Current EBITDA stands at 39 million euros, representing 3.6% of turnover.
The slowdown in activities in Germany particularly affected the distribution of mechanical steels with a drop in volumes of -9.4% in Q2. The STAPPERT and JACQUET divisions showed a more limited erosion of volumes over the same period.
The group generated €136 million in operating cash flow, strengthening its financial structure. The net debt ratio fell to 21% at the end of June 2024 from 31% at the end of 2023.
Jacquet Metal Service expects uncertain market conditions for the second half of 2024 but plans to maintain its investment and development policy through rigorous management of its Working Capital Requirement and costs.
R. E.
Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.
Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève
Voir toutes les actualités de Jacquet Metal Service