Bastide has announced a 42% increase in net income from continuing operations to 8.3 million euros for the first half of 2022-23, with a current operating margin of 8.6%, up 20 basis points and above the minimum target of 8.3%.

The homecare provider posted sales of 249.7 million, up 11.9%, including organic growth of 5% in line with expectations, despite a drop of more than 56% in sales of personal protective equipment.

The Bastide group intends to continue its trajectory in the second half of the year, and confirms its targets of annual sales of around 510 million euros and a current operating margin in excess of 8.3%.

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