Q1 2023 growth driven by price effect but EBITA still affected by supply chain
While TKH reported 8% growth in Q1 2023, this was mainly driven by price increases and higher output for industrial cameras as well as connectivity solutions, especially energy cables. EBITA margin declined by 60bps yoy to 12.8%, affected by supply constraints in the tyre building machine segment.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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