Bastide : FY 2023-24 results fairly in line, no momentum effect in the short term
>Operating margin at 8.5% vs 8.4% in 2022-23 - Bastide reported € 44.9m in FY 2023-24 underlying operating profit, up 8.5% of revenue. Net profit was down vs the previous year, due to higher non-recurring costs (€ 6m), including restructuring and acquisition costs worth € 1.2m and litigation costs worth € 2;2m. Similarly, discontinued operations generated a net loss of -€ 8.3 over the year, mainly due to the ongoing disposal of activities in Switzerland (€ 4.5m relati...Bastide le Confort Medical is a holding company. Through its subsidiaries, Co. is engaged in the home health care industry. Co. retails and rents medical equipment and provides medical services. Products include breathing apparatus, orthopedic shoes, walking aids and wheelchairs, home appliances and furniture adapted to the needs of the lesser able, with the recent addition of equipment related to perfusion and nutrition. Co. operates through a number of outlets concentrated mainly in the South of France, offering advice and information to customers along with the provision and maintenance of medical equipment.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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