Groupe SFPI: Half-Year Results 2024

On September 25, 2024, the Board of Directors of Groupe SFPI approved the condensed half-yearly consolidated financial statements for the six months ended June 30, 2024. The financial statements have undergone a limited review by statutory auditors.

Groupe SFPI recorded a consolidated revenue of €341.6 million by June 30, 2024, marking a 4.2% decline from 2023. The decline is mainly due to the MAC division, which prioritized gross margin recovery amidst a general market downturn.

Despite the revenue decrease, the Group's gross margin improved by 2.7 points, reaching 59.8%. Operating income increased by €0.7 million to €13.2 million. Net income from consolidated companies rose by 52%, from €6.5 million to €9.9 million.

The financial structure remains robust, with a net financial surplus of €51.9 million, up by €6.6 million since December 31, 2023. Cash flows from operating activities increased to €20.1 million, while cash flow for investment activities improved.