Quadient: fivefold increase in net income by 2023
Recurring EBIT reached €157 million, up organically by 9.3%, thanks to improved profitability in the software and parcel delivery businesses.
Group share of net income amounted to €69 million, compared with €13 million in 2022, a more than five-fold increase in twelve months.
Quadient will propose a dividend of 0.65 euros per share, growing for the third year running at +8% in 2023.
'The rigorous execution of our Back to Growth strategic plan over the past five years has enabled us to reposition Quadient as an integrated, innovative, subscription-based B-to-B platform', commented Geoffrey Godet, Quadient's CEO.
The company states that its strategic vision and three-year trajectory will be presented at the Capital Markets Day to be held on June 19, 2024.
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