The Lucibel Group presents strong growth in 2023

The Lucibel Group has released its annual results for the year 2023, highlighting a clear improvement in its financial performance. Revenue increased by 10.5%, from €8,177 thousand in 2022 to €9,035 thousand in 2023. This growth is attributed to the group's strategic refocusing on its high value-added verticals, Scenographic Lighting and Cosmetic Light.

The net result also saw a significant improvement, going from a loss of €2,287 thousand in 2022 to a profit of €73 thousand in 2023. The gross operating surplus amounted to €516 thousand, compared to a loss of €1,495 thousand the previous year, highlighting the beneficial effect of the management and cost optimization strategy.

In terms of outlook for 2024, Lucibel is focused on launching new innovative products and expanding its commercial presence. The company expects an increase in its activity thanks to these new initiatives, as well as the development of its strategic partnerships in the luxury and beauty fields.