(Boursier.com) — Revenue from continuing activities (excluding joint venture) of EPC Group for the 3rd quarter alone stood at 120 million euros (114.4 ME in 2022), an increase of +4.9%. All geographic areas contributed to this good performance. These figures include the cessation of the Diesel Additives activity (2.9 ME impact on the quarter)
Over the first 9 months, turnover (excluding joint venture) stood at 362.75 ME, representing growth of +6% in real terms and 7.9% at constant exchange rates and scope (342. 09 ME to the end of September 2022).
Upcoming developments
The repositioning initiated several years ago by EPC towards growing markets (Canada, Africa, Middle East, Malaysia) allows it to maintain a sustained pace of development despite a more uncertain context in Europe.
Production of the plant at the Tietto Minerals site in Ivory Coast is expected this quarter.
The EPC 2I teams will also be mobilized for the start of on-site manufacturing on the NEOM site in Saudi Arabia.
The increase in staff numbers at Diogen, the group’s software company, continues as planned.
The good performance achieved in the first half is confirmed, in a context of good control of production costs. The drop in material prices that has occurred since March 2023 has stopped.
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