Measuring instrument supplier Precia Molen is forecasting sales of 170.2 million euros for 2023, up 7.4% (+9.1% on a like-for-like basis) on 2022.

Growth will be driven by a strong performance in France, its historic market (+7.5%), with the rest of Europe up 5.7% and other regions up 9.6% thanks to its subsidiaries in India and West Africa.

Precia Molen forecasts moderate sales growth in 2024, and believes that the operational excellence actions initiated in 2023, which will continue to be rolled out, will have a positive impact on operating income.

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