(AOF) – Global Bioenergies announces a net loss of 8.65 million euros in 2023, compared to nearly 12 million in 2022. This company, which replaces products of petroleum origin with products of natural origin, emphasizes that its cash flow of 11.7 million euros as of December 31 ensures its financial visibility for the entire 2024 financial year. The turnover crossed the 3 million euros mark for the first time, at 3 .24 million compared to 698,000 euros in 2022.
The group has delivered its first orders for several tonnes of Isonaturane 12.
“This performance reflects the major progress made by the group in 2023,” comments Samuel Dubruque, administrative and financial director of Global Bioenergies. “On the cosmetic side, we were able to meet the expectations of our customers by delivering our first commercial batches. On the air side, ASTM certification propels our innovation into the very restricted circle of technologies that can be used in all airliners on a scale international.
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