(AOF) – Cogra revealed its turnover for the third quarter of 2023-2024 which stood at 7.7 million euros compared to 17 million euros a year earlier for the same period. Over 9 months, turnover came to 34.4 million euros, an annual decrease of 19%. Faced with the mild climate this winter, commercial dynamics suffered from the build-up of anticipation stocks last summer, from a still high level of stocks among certain distributors linked to the energy crisis of 2022.
The outlook for the wood energy specialist remains “unchanged”. In a disrupted market, Cogra “will remain attentive to external or organic growth opportunities that would meet its long-term vision of profitable growth and respect for forestry.”
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