During the conference call, they gave a clear guidance regarding margin for H2.
They expect a similar EBITDA margin than H1 (2.9 %), which will be reached through 2 opposite elements :
- gross margin will be weaker due to the one off they mentioned for H1,
- but the ratio of overhead cost/revenue will also be lower, due to higher revenues in H2 vs H1 (cf order backlog) and stable costs in H2 vs H1.
As they mentioned during the call, they had a significant increase of staff costs during H1 : + 15 % yoy (with + 6 % for total workforce).
During the conference call, they gave a clear guidance regarding...
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