{"id":928,"date":"2020-01-31T11:26:15","date_gmt":"2020-01-31T10:26:15","guid":{"rendered":"https:\/\/chargeurs.com\/2019-annual-revenue-up-9-2-excellent-prospects-for-2020\/"},"modified":"2025-05-12T15:39:45","modified_gmt":"2025-05-12T13:39:45","slug":"2019-annual-revenue-up-9-2-excellent-prospects-for-2020","status":"publish","type":"post","link":"https:\/\/chargeurs.com\/en\/2019-annual-revenue-up-9-2-excellent-prospects-for-2020\/","title":{"rendered":"2019 annual revenue up +9.2 % excellent prospects for 2020"},"content":{"rendered":"
In 2019 Chargeurs speeded up its transformation process and pursued its premiumization strategy<\/p>\n
Sustained activity in 2019 - a vintage year for transition:<\/strong><\/p>\n
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Annual revenue up +9.2% to \u20ac626.2 millionAnnual revenue up +9.2% to \u20ac626.2 million<\/li>\n
Recurring operating profit among the Group's record highs, topping \u20ac41 million, despite a peak in investments and a volatile economic backdrop<\/li>\n
Solid fourth-quarter revenue in line with expectations, with the Group holding firm in a temporary \"wait-and-see\" market environment<\/li>\n
Successful integration of PCC, which delivered an excellent performance, as well as the niche champions acquired by Chargeurs Museum Solutions<\/li>\n<\/ul>\n
2020 set to be a milestone year, with over \u20ac750 million in revenue and a higher recurring operating margin (based on a constant operating environment)<\/strong><\/p>\n
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Sizeable contribution expected from Chargeurs Protective Films' new techno smart production line<\/li>\n
Positive effects from synergies and cutting-edge developments at Chargeurs PCC Fashion Technologies<\/li>\n
Significant contribution from Chargeurs Museum Solutions entities<\/li>\n
Recurring operating margin expected to increase considerably in 2020 thanks to return on investment from the Game Changer plan and recently-acquired companies<\/li>\n<\/ul>\n