Group sales came to 1.5 billion euros for fiscal year 2022, up 3.7% on the previous year (+1.6% on a like-for-like basis). On a like-for-like basis, sales were up 4.3% in the first half and down 1.6% in the second.

Operating income before non-recurring items fell by 7.6% to 278 million euros for the year, giving an operating margin before non-recurring items of 18.2%, lower than in 2020 and 2021.

Net income for the consolidated group fell by 8.1% to 238 million euros. Return on capital employed (ROCE) was 20.5%, comparable to the level observed in 2019 (22.2%). It was 31.4% in 2021.

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