(AOF) – Neolife announces that as of June 30, 2023, its cash flow amounts to 1.04 million euros compared to 1.36 million at the end of 2022. The specialist in constructive solutions of an environmental nature displays a half-year net loss of 615,000 euros compared to -375,000 euros a year ago, for a turnover increased from 6.59 million to 7.50 million euros. The company’s margin rate increased from 26.4% to 29%. For the company, its continued growth demonstrates “the growing market interest in biosourced and innovative products”.
“These performances are all the more positive as they take place in an overall context of the very tense construction market with slow decision-making and material choices revised downwards both qualitatively and quantitatively,” adds Neolife.
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