Aubay has announced record net income of 35.6 million euros for 2022, compared with 34.4 million in 2021, and an operating margin down 0.2 points to 10.4%, on sales up 9.1% to 513.5 million.

The Board of Directors has decided to propose a dividend of 1.20 euros per share for 2022, representing a payout ratio of 45% of net income, to the Annual General Meeting on May 16. Taking into account the interim dividend paid on November 10, the balance to be paid will amount to 0.70 euro.

Aubay forecasts organic sales growth of between +5 and 7% in 2023, i.e. a range of 540 to 550 million euros. The operating margin should be between 9.5% and 10.5% of sales.

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