BRIEF

on BASTIDE (EPA:BLC)

Groupe Bastide exceeds its turnover targets for 2023-2024

Stock price chart of BASTIDE (EPA:BLC) showing fluctuations.

The Bastide Group announces an annual turnover of €529.7 million, up 8.2% compared to the previous year. This result exceeds the initial target of €520 million set by the group.

Organic growth accelerated particularly in the fourth quarter, reaching 9.5%. Quarterly revenues amounted to €134.5 million, up 10.1%. Home healthcare services and the "Home Care" segment contributed significantly to this performance.

High-tech sectors, such as Respiratory and Nutrition-Perfusion-Stomatherapy, also recorded excellent results. The scope effect of acquisitions, including Oxigo and Occit'perf, contributed positively.

For the 2024-2025 financial year, Bastide is targeting a turnover of more than €560 million. Debt reduction remains a priority with a targeted asset disposal strategy.

R. H.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all BASTIDE news