Clasquin shares lost around 3% on the Paris Bourse on Friday, following the publication of a trading update showing a fall in its sales margin in the fourth quarter.

The transport engineering specialist explains the 15% fall in its gross sales margin over the last three months of the year by the decline in volumes transported, both by air and sea, and by a fall in its unit margin in the air sector.

Over the year as a whole, however, its gross sales margin rose by 14.9%, thanks to the acquisition of new customers (market share gains) and the development of business with existing customers.

For 2023, the Lyon-based group expects business volumes to outperform the market.

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