Sales revenues of 272.4 million euros in the first quarter (down 21.3%): the company is solid, and the investments made were foresighted.

Sales revenue of 272.4 million euros, down 21.3%, EBITDA MARGIN growing by 9%, equal to 16.8% of revenues, and net financial debt of 77.2 million euros, down compared to 31 December 2023: the results for these first months are in line with the second half of last year. However, they confirm not only the financial strength of the Comer Industries Group but also the far-sightedness of our investments.

In a completely different context than in the first quarter of 2023, we confirm the strategic choices we have made, ready to seize the new opportunities that will come up.

For 2024, we confirm our sales expectations, which are in line with those of the main OEM market players. We expect margins to be slightly lower than in 2023, but with a reduction in net financial debt thanks to continued cash generation.