Gauthier Louette, Chairman & CEO, said:
“SPIE delivered an outstanding performance in H1 2023 with an exceptional level of organic growth, a strong +30 bps EBITA margin increase resulting in an EBITA growth of 16% year on year. 
This demonstrates the strengths of SPIE’s business model, even in an inflationary context. With unique positioning in its geographies and by fostering the proximity with its clients, the Group has become the first port of call when it comes to expert solutions towards the energy transition. 
The accelerating demand on energy-related markets combined with the labour resources scarcity observed in our sector, leads us to further insist on our high selectivity approach and quality of execution to further improve our EBITA margin.
Bolt-on M&A remains a key pillar of our strategy and our pipeline of opportunities is very rich.
In the new interest rates and debt financing environment, SPIE successfully managed a partial refinancing of its debt and an optimisation of its financing conditions.
These strong H1 2023 results allow us to revise upwards our guidance for the full year 2023 with an organic growth of at least 6% and an EBITA margin increase of c.+30 bps”.

_{⁽¹⁾ Adjusted for i) operating income items restated from the Group’s EBITA, ii) the change in fair value and amortisation costs of derivative related to the ORNANE, and iii) the corresponding normative tax income adjustment}