Secop Group Holding GmbH reports Q2-2023 financial results
On 28 August 2023, Secop Group Holding GmbH announced its financial results for the second quarter 2023. After a difficult first quarter, Secop experienced an overall recovery in Q2-2023. While Net Sales remained below the respective quarter of 2022, Internal Adjusted EBITDA, Net Income and Operating Cash-Flow clearly exceeded the respective previous year’s period figures.Net Sales of Q2-2023 reached EUR 65,5m, which undercut previous year’s period Net Sales by EUR 5,0m (PY*: EUR 70,5m) due to a lower demand in some regions and segments following difficult political and economic