MND has reported adjusted EBITDA of 7.1 million euros for its 2022-23 financial year, compared with 6.3 million euros a year earlier, 'despite strong pressure on raw material prices and logistics costs throughout the year'.

Sales came to 94 million euros, up 27% organically, with double-digit growth in each of the divisions (+17% in snowmaking and ski lifts, +69% in security and leisure).

With a firm order book of 140.1 million euros at the end of June, MND is targeting sales of 100 million euros for its new 2023-24 financial year, 'accompanied by a more marked improvement in profitability (adjusted EBITDA)'

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