Opmobility H1 net profit 100 mln eur, unchanged
Declares 0.24 eur/shr interim div (Il Sole 24 Ore Radiocor) - Paris, 23 Jul - The French auto component manufacturer Opmobility, formerly Plastic Omnium, said that in the first half net profit stood at 100 million euros, unchanged from the previous year following an increase in financial expenses due to higher interest rates.
Revenue rose 2.3% year on year to 5.413 billion euros.
Like-for-like sales grew 3.3%.
Economic revenue increased 2.1% to 5.939 billion euros, with organic growth at 3.5%. Economic revenue corresponds to consolidated revenue plus revenue from investments, by controlled subsidiaries, in joint ventures and associates.
The operating margin rose 11.8% to 234 million euros.
The company announced an interim dividend of 0.24 euros per share and confirmed its outlook for 2024.
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(RADIOCOR) 23-07-24 17:13:41 (0534) 5 NNNN