Fleury Michon posted H1 sales of 422.3 ME, up 12.8% on the same period a year earlier.

At the same time, operating income before non-recurring items was stable at 6.1 ME, but consolidated net income was 1.2 ME, compared with 3.6 ME twelve months earlier.

The economic environment remains highly uncertain, with certain raw materials and energy prices having risen sharply in the first half of 2023", stresses the company.

As a result, Fleury Michon's financial position will remain closely linked to its ability to quickly adjust product selling prices to fluctuations in production costs.

In the medium term, the company reaffirms its confidence in its business model. It will continue to rely on its strengths to develop its business: its brand and its reputation, the quality of its products and its capacity for innovation, and the commitment of its teams.

Copyright (c) 2023 CercleFinance.com. All rights reserved.