Enogia: 51% increase in turnover in 2021


(CercleFinance.com) – Enogia announces that it achieved a turnover of 2.94 million euros for the 2021 financial year, an increase of 51% compared to the previous financial year.

Growth is mainly driven by the ORC activity, which notably includes €1.5 million in revenue from the Asian ORC contract signed in the first half of 2021.

The activity also fully benefited from the reopening of the borders, with 76% of turnover generated internationally, compared to 31% during the 2020 financial year.

EBITDA amounted to -2.2 ME against -1.5 ME a year earlier, and operating income was -2.9 ME, against -2.3 ME in 2020. In the end, Enogia records a loss of 2.6 ME in 2021, compared to a loss of 1.9 ME in the previous financial year.

For 2022, Enogia is counting on its ‘solid commercial momentum’ and confirms its objectives with an order book of more than 5 ME at the end of December 2021, and a commercial pipeline of more than 120 ME.

Enogia specifies that it is not exposed to the effects of the conflict between Ukraine and Russia and is targeting “significant growth in turnover” for 2022, with a second half that is more dynamic than the first.

Enogia also confirms its ambitions of turnover exceeding 95 ME in 2025.

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