(AOF) – On a comparable basis to that of 2021, Altheora achieved a turnover of 35.1 million euros, up 9%. The specialist in the transformation of composite and plastic materials is continuing to grow in a still complex environment, which is causing a slowdown in production and therefore delays in deliveries. However, the impact remains limited on overall activity in 2022. The order book, a major indicator of the group’s robustness and visibility, remains solid and offers visibility over the coming years.
In addition, Altheora is constantly strengthening operational control and management in order to reduce the effects of the economic situation.
With a unique positioning as an equipment supplier, reinforced by the acquisition of Chris-France Plastiques in December 2022, Altheora is anchoring its dynamic growth trajectory with, in particular this year, the signing of major contracts with players in the Mobility and Construction industries. .
2022 is also synonymous with the strengthening of the group’s financial resources to accelerate the implementation of the 2026 strategic plan with, in particular, substantial industrial investment to support growth, through a new MC Coating (paint) plant of 3,000 m2 and the modernization of the industrial tool.
The group also acquired Chris-France Plastiques, a profitable company, which offers the Group an active and prestigious customer portfolio, and a new key skill: thermoplastic injection of large parts.
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German autonomy not so simple
China has been Germany’s leading economic partner for six years. However, across the Rhine, companies are called upon to reduce their heavy dependence on the Asian giant due to a rise in geopolitical tensions with the country. In this context, the powerful VDMA points out the importance of the Chinese market and the danger that a too sudden termination of ties with China would represent. The country is, in fact, the second export market and the first investment destination for German mechanical and industrial engineering. The federation nevertheless recognizes the need to diversify the trading partners of the German economy.