On Monday, Trilogiq reported a loss for its 2022/2023 financial year, due to rising production costs (raw materials, energy, transport).

The industrial machinery group announced this morning an operating loss of 426 million euros for its financial year to the end of March, compared with a profit of 155 million euros a year earlier.

Although the manufacturer of workstations, forklifts and storage racks claims to have managed to pass on most of the rise in input costs, its gross margin has been impacted, dropping from 60% at March 31, 2022 to 57.9% at March 31, 2023.

In order to raise the consolidated gross margin, Trilogiq now intends to focus on reducing production costs and on economies of scale.

But in view of the strong increase in its order book in recent months, and thanks to cost reductions, Trilogiq expects to return to a 'significant' level of operating profitability.

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