COREP LIGHTING: 2023 annual results

The company COREP LIGHTING, based in Bègles, has published its financial results for the year 2023. After a year 2022 marked by the consolidation of a 50% increase in turnover between 2020 and 2021, the year 2023 has saw a slight drop of -2%, bringing turnover to €34,821 thousand.

Despite a sluggish market, the company's margin improved, reaching 52% compared to 45% in 2022. This improvement made it possible to offset unfavorable economic effects, such as the cost of raw materials and transport.

In terms of results, the group posts an operating result of -€771 thousand, an improvement compared to -€915 thousand in 2022. However, the net result amounts to -€888 thousand, a notable drop compared to at -244 K€ in 2022.

It is proposed not to distribute dividends during the Ordinary General Meeting scheduled for June 27, 2024. The company's equity amounts to €6,227 thousand, down compared to the previous year.