(AOF) – PAT Group announces 2023 turnover of 2.3 million euros, stable over one year. Specializing in the discovery and production of rare plant biomolecules for the cosmetics, pharmaceutical and fine chemicals industries, the group “plans to be in balance from 2024”. Its main subsidiary Plant Advanced Technologies recorded an annual turnover of 1.64 million euros, an increase of 6% over one year. PAT has launched a plan to reduce its charges in the fall of 2023.
The savings plan put in place and the sale of non-strategic assets in progress, including its headquarters, “will ensure operating continuity for more than 12 months” estimates the company.
In cosmetics, PAT has already recorded an order volume of more than 1 million euros by 2024. StratiCell, “taking advantage of the current rebound in the cosmetics market, has already recorded nearly 300,000 euros in orders to date, which will allow it to quickly make up for its 2023 losses and return to profitability in 2024”.
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