SamuraiWarriorSoulfulMon Oct 14 2024|5 answers1406
I am interested in learning about the financial performance of the Bollore Group. Specifically, I want to know the turnover of the Bollore Group to understand the scale of its operations and revenue generation.
Bolloré Group's financial performance in 2023 has been released, showcasing a stable revenue stream. The company recorded revenues of 13,679 million euros, marking a slight increase from the previous year's 13,635 million euros. This indicates that despite potential market challenges, Bolloré has managed to maintain its position and even expand its operations.
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BitcoinBaronTue Oct 15 2024
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BiancaTue Oct 15 2024
However, when examining the company's earnings before interest, taxes, depreciation, and amortization (EBITDA), a slight decline is evident. In 2023, Bolloré's EBITDA stood at 1,382 million euros, compared to 1,616 million euros in 2022. This decrease could be attributed to various factors such as increased costs or investments in new projects.
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JejuSunshineSoulTue Oct 15 2024
Diving deeper into the financials, depreciation and provisions also experienced a notable reduction. The figure of -388 million euros in 2023 compares favorably to the -529 million euros reported in 2022, suggesting better asset management and cost control measures.
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SilviaTue Oct 15 2024
Adjusting for these factors, Bolloré's operating income, known as EBITA, also saw a slight dip. In 2023, the adjusted operating income stood at 994 million euros, a decrease from the 1,087 million euros recorded in 2022. This highlights the need for continued optimization and strategic decision-making to drive profitability.