Laser technology specialist Lumibird has announced that it will post annual sales of 203.6 million euros in 2023, up 6.6% (+7.5% on a like-for-like basis).

The level of sales achieved in the fourth quarter (64.6 million) should enable the group to confirm its mid-December 2023 adjusted target of an EBITDA margin in excess of 17% on a like-for-like basis.

Lumibird adds that it is 'maintaining its growth trajectory, driven by the momentum of its key markets (defense/space, medical)' and 'anticipates more profitable growth in the coming years, as it reaps the rewards of its investments'.

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