Prodways is down 6% despite the publication, for 2022, of a 138% increase in net income (group share) to 1.5 million euros and a 1.7 point improvement in current EBITDA margin to 14.1%, on sales up 14% to 80.7 million (+9% organic).

Claiming 'a number of operational successes that will continue into early 2023', it expects this year's sales growth to be in the region of 10%, with a current EBITDA margin of around 12% higher than in the second half of 2022.

On this occasion, the 3D printing specialist presented a new development phase with the BOOST strategic plan, whose ambition is to achieve 'around 200 million euros in revenues and a current EBITA margin in excess of 15% by 2028'.

Prodways has chosen to 'sacrifice' a few short-term margin points to ensure sustainable organic growth', comments Oddo, for whom 'the fundamentals remain solid, but are reflected in the valuation'.

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