B&S Q1 2024 trading update

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Algemeen advies 24/05/2024 07:12
TOPLINE IS STABLE WITH STRONG PERFORMANCE IN ALL
SEGMENTS EXCEPT FOR LIQUORS
Mensdorf, Luxembourg – May 14, 2024 (07:00 CET)
B&S Group S.A. (“B&S”) a company in the consumer goods industry, today publishes its
trading update for the first quarter of 2024 (“Q1 2024”).
Highlights Q1 2024
? With € 529.7 million turnover the first quarter of 2024 ended just above same period last
year (+€ 4.1 million; +0.8%);
? Strong growth in all segments compared to Q1 2023 except for Liquors;
? Overall gross profit margin as a percentage of turnover showed a limited improvement as
compared to Q1 2023;
? Staff costs in line with same period last year;
? Other operating expenses decreased as a result of one off advisory costs in 2023);
? Acquired a 50% economic ownership in Government and Defense projects which are
expected to contribute to net result and operational cash flows in 2024 and beyond.

see & read more on
https://www.bs-group-sa.com/data/uploads/2024/05/Press-Release-Q1-2024-Trading-update.pdf



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