2023 annual accounts: Bourrelier Group posts stable turnover

Bourrelier Group published its results for the financial year ending December 31, 2023. The group's turnover stood at 294.9 million euros, stable compared to 2022.

The different sectors of the group show varied performances. Distribution, mainly in the Benelux, posted a turnover of 241.7 million euros, up 2%. On the other hand, the industry, with Mavic Group, suffered a decline of 15.3%. The hotel sector, thanks to the acquisition of the Mayflower Paris-Opéra hotel, increased by 82.8% to reach 7.7 million euros.

In terms of financial results, current operating profit deteriorates from 10.1 million euros in 2022 to a loss of 0.3 million euros in 2023, mainly due to the decline in the industrial section.