Syensqo full-year 2023 results

Press release
Regulated information
March 12, 2024 at 7 a.m. CET

Syensqo full-year 2023 results

MILESTONE YEAR SUCCESSFULLY COMPLETED; EBITDA IN-LINE WITH OUTLOOK AND ACCELERATION OF INVESTMENTS TO EXTEND LEADERSHIP POSITION & SUPPORT FUTURE VALUE CREATION

 

		Fourth quarter 2023					Full year 2023
Underlying (in € million)		2023	2022	% YoY	% organic		2023	2022	% YoY	% organic
Net sales		1,577	1,930	-18.3%	-14.2%		6,834	7,890	-13.4%	-10.2%
EBITDA		294	397	-25.9%	-20.6%		1,618	1,863	-13.1%	-10.0%
EBITDA margin		18.7%	20.6%	-190 bps	-		23.7%	23.6%	+10 bps	-
Operating cash flow		-	-	-	-		1,275	1,336	-4.6%	-
Free cash flow1		-	-	-	-		448	577	-22.4%	-
ROCE (LTM)2		-	-	-	-		10.6%	13.7%	-310 bps	-