on AUGROS COSMETIC PACKAGING (EPA:AUGR)
Half-year results as of June 30, 2024 for AUGROS COSMETIC PACKAGING
AUGROS COSMETIC PACKAGING has published its results for the first half of 2024. Revenue reached €6,561K, down 43% compared to 2023. This decrease is explained by a drop in volumes and the destocking of customers in the luxury segment. For the second half, forecasts show a 10% drop in activity compared to 2023.
The operating result is -€1,552K, compared to €164K in the first half of 2023. The financial result shows -€121K, mainly due to the depreciation of shares. The exceptional result stands at -€264K, due to added provisions related to a former energy provider.
The half-yearly net result is -€1,937K, compared to €94K in 2023. The gross self-financing margin is -€1,470K, compared to €496K the previous year.
The return to service of the UV6 line in the first half of 2024 is notable. It will be fully operational for the second half of the year. For more details, the full report will be available online from October 1, 2024.
R. P.
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