Group sales rose by 9.3% to 4.7 billion euros at June 30, 2023. This was underpinned by business growth in all regions and by recent acquisitions in the Nordic countries. Like-for-like sales growth was 7.0%.

The Group's consolidated EBITDA fell by 5.6%, or 37 ME, to 621.4 ME (vs. 658.4 ME last year), with a margin of 13.2% (vs. 15.3% last year). This decline was mainly due to the 89 ME reduction in subsidies linked to Covid and the financing guarantee in France, partially offset by further cost-control measures.

Net income after tax, Group share, came to €49.4 million, or 1.1% of sales, down by more than half on the previous year's figure of €118.4 million, due to the contraction in operating income and higher debt costs.

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