{"id":9063,"date":"2024-01-31T19:11:23","date_gmt":"2024-01-31T17:11:23","guid":{"rendered":"https:\/\/www.smartphotogroup.com\/?p=9063"},"modified":"2024-01-31T21:01:39","modified_gmt":"2024-01-31T19:01:39","slug":"smartphoto-group-2023-trading-update-smartphoto-group-shows-resilience-and-confirms-with-growth-in-turnover-and-profitability","status":"publish","type":"post","link":"https:\/\/www.smartphotogroup.com\/en\/smartphoto-group-2023-trading-update-smartphoto-group-shows-resilience-and-confirms-with-growth-in-turnover-and-profitability\/","title":{"rendered":"smartphoto group \u2013 2023 trading update \u2013\u00a0Smartphoto group shows resilience and confirms with growth in turnover and profitability\u00a0"},"content":{"rendered":"<p><b>PRESS RELEASE \u2013 Regulated information<br \/>\n<\/b><span style=\"font-weight: 300;\">Wetteren, 31 <\/span><span style=\"font-weight: 300;\">January <\/span><span style=\"font-weight: 300;\">2024 \u2013 05.45 p.m.<br \/>\n<\/span><span style=\"font-weight: 300;\">smartphoto group &#8211; Euronext Brussels: SMAR<\/span><\/p>\n<ul>\n<li style=\"font-weight: 300;\" aria-level=\"1\"><span style=\"font-weight: 300;\">Increase in revenue from 76.3 million euro in 2022 to 77.3 million euro<\/span><span style=\"font-weight: 300;\">(1)<\/span><span style=\"font-weight: 300;\"> (+1.4%) in 2023, and this under difficult economic conditions.<\/span><\/li>\n<li style=\"font-weight: 300;\" aria-level=\"1\"><span style=\"font-weight: 300;\">The EBITDA amounts to 13.1 million euro<\/span><span style=\"font-weight: 300;\">(1)<\/span><span style=\"font-weight: 300;\"> in 2023, an increase of 1.2%, compared to 2022 (13.0 million euro) due to strict cost control and increased margins.<\/span><\/li>\n<li style=\"font-weight: 300;\" aria-level=\"1\"><span style=\"font-weight: 300;\">Increase in net cash of 1.3 million euro (+6.9%) from 18.4 million euro in 2022 to 19.7 million euro<\/span><span style=\"font-weight: 300;\">(1) <\/span><span style=\"font-weight: 300;\">in 2023, and this notwithstanding the increased dividend payment and additional purchase of treasury shares. <\/span><span style=\"font-weight: 300;\"><br \/>\n<\/span><span style=\"font-weight: 300;\">Net cash, excluding lease obligations pursuant to IFRS 16, amounts to 23.3 million euro<\/span><span style=\"font-weight: 300;\">(1)<\/span><span style=\"font-weight: 300;\"> as at 31 December 2023, compared to 21.8 million euro as at 31 December 2022 (+6.9%).<\/span><\/li>\n<\/ul>\n<p>Click\u00a0 <a href=\"https:\/\/storage.googleapis.com\/smartphoto-express-production-wp-smartphotogroup-com\/1\/2024\/01\/smartphoto-group_persbericht-31-januari-2024_EN-1.pdf\">here<\/a> to see the full version of this press release.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PRESS RELEASE \u2013 Regulated information Wetteren, 31 January 2024 \u2013 05.45 p.m. smartphoto group &#8211; Euronext Brussels: SMAR Increase in<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-9063","post","type-post","status-publish","format-standard","hentry","category-geen-categorie-en"],"_links":{"self":[{"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/posts\/9063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/comments?post=9063"}],"version-history":[{"count":2,"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/posts\/9063\/revisions"}],"predecessor-version":[{"id":9071,"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/posts\/9063\/revisions\/9071"}],"wp:attachment":[{"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/media?parent=9063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/categories?post=9063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/tags?post=9063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}