(AOF) – Fermentalg, French leader in microalgae, unveils its 2024-2026 strategic plan, defined under the leadership of the new general director, Pierre Josselin. It aims for sustained growth, with a goal of exceeding 25 million euros in turnover by 2026, an increase of more than 6 compared to sales of around 4 million euros in 2023. The roadmap focuses on “accelerating sales, developing strategic partnerships and continuous innovation.”
The aim is to accelerate sales and serve new customers/markets thanks to existing strains, with a target of 10 million euros in annual turnover in 2024 and more than 25 million euros in 2026.
The company is considering transferring its listing to Euronext Growth, a listing market more suited to innovative SMEs.
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The challenges of water recycling
According to a report from the World Economic Forum, demand for water will jump by 55% by 2050. However, only 11% of water is recycled globally, with strong disparities depending on the country: if this rate reaches 89% in Israel, it falls to 15% in Spain. It is even less than 1% in France! The Veolia manager, however, believes that the rate of 10% targeted for 2030, as part of the new Water plan announced by the authorities, is achievable under certain conditions. At the forefront is administrative simplification. Veolia is committed to tripling its production of recycled water by 2030 to bring it to 3 billion m3. In this area, the world leader in environmental services strengthened its know-how during its takeover bid for the former Suez group.