Bouncing Back: Achieving Growth Following a Transition Year

• Comet Holding AG reported a decline in net sales by 32.2% to CHF 397.5 million in 2023, compared to CHF 586.4 million in 2022.
• The EBITDA margin was 11.3% in 2023, down from 20.3% in 2022.
• The company expects a gradual improvement of the market environment over the course of 2024, with a focus on selective investments into growth and efficiency.
• The net sales outlook for 2024 is between CHF 440 million to CHF 480 million, with an EBITDA margin of 15.0% to 17.0%.
• The Board of Directors will propose a dividend of CHF 1.00 per share at the Annual Shareholder Meeting scheduled for April 19, 2024.
• The company anticipates a significantly better financial year in 2024 compared to 2023, despite the challenges facing the global economy.

The next important date, Quarterly report, at Comet Holding is on 04.03.2024.

Comet Holding

0,00 %

+2,65 %

-6,90 %

-1,40 %

+41,90 %

+34,34 %

+226,36 %

+1.927,76 %

ISIN:CH0360826991WKN:A2DNSP

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