Prismaflex International announces divergent results for the 2023-2024 financial year

Prismaflex International has published a mixed balance sheet for the 2023-2024 fiscal year, with an overall turnover of 51.7 million euros, down 9.8% compared to the previous year. Performance was mainly impacted by a notable decline in its "Hardware" activities and a decline in the "Interior Decoration" segment of its "Print" activity.

The company recorded an annual turnover of 35.8 million euros for "Print", down 4.1%, while the "Hardware" activity showed a decrease of 20.2%. , amounting to 16 million euros. However, the latter remains higher than the 2021-2022 performances.

Despite these challenges, Prismaflex anticipates profit through gross margin improvement and cost optimization measures. Looking ahead, the company begins the 2024-2025 financial year with a full order book, establishing a basis for a possible return to growth. Future performance will be based on continued operational improvements and better cost management.