A testament to the Mersen's robust and flexible business model

Mersen has substantially outperformed the targets it set itself in early 2023. Sales for full year 2023 totaled €1.2 billion, up by 13.2% on an organic basis versus 2022.
The operating margin before non-recurring items also increased to 11.3%, versus 10.9% in 2022.
The Group’s financial structure at December 31, 2023 remained solid with a leverage ratio of 1.09x and a 25% gearing ratio.