Fermentalg wants to double its turnover in 2024


(AOF) – Fermentalg announces a turnover of 4.058 million euros in 2023. The French microalgae specialist has set a turnover target of 10 million euros in 2024 and more than 25 million euros by 2026. “The sum of annual orders and contracts, less than 1 million at the start of 2023, is today more than 9 million, an increase of more than 10 in 12 months,” underlines the company.

A “very good” start to the year should allow Fermentalg to post strong growth in turnover from the 1st quarter of 2024. The company has levers to maintain and amplify this dynamic throughout the year: it has initiated discussions with several new prospects, each representing several million euros in potential annual turnover.

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