French logistics specialist Clasquin's shares rose sharply on the Paris Bourse on Thursday, following the publication of a "historic" 2022 performance, even though the group warned that its market was now "on the way to normalization".

At 140 million euros, gross sales margin continued to grow (+14.9%) last year, thanks to the acquisition of new customers (market share gains) and the development of business with the existing customer portfolio, said the group in a press release.

Net income (group share) rose by 25.4%, thanks to lower financial expenses and an improved foreign exchange result.

After a year 2021 marked by the malfunctioning of global logistics chains, the Group reports that market conditions have been "on the road to normalization" since the second half of last year.

It points out that this development has been accompanied by a drop in air and sea freight volumes on the global market, and a fall in freight rates.

For 2023, the Group expects business volumes to be higher than the market, but unit margins to fall in line with the normalization of the market.

Following these announcements, the share gained over 3% in a Paris market that was slightly down.

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