Pizzorno: 2022 turnover up 8.9% – 03/06/2023 at 18:21

(AOF) – For the 2022 financial year, Pizzorno Environnement achieved a turnover of 226.9 million euros, up 8.9% compared to 2021. This performance is based on the dynamic of the Group’s two businesses. The Cleaning business grew by 7.5% to 174.8 million euros, “driven both by an excellent contract renewal rate and the conquest of new territories”. The Treatment-Recovery activity posted sales up 13.9% to 52 million euros over the year.

This growth in the Treatment-Recovery business is driven, among other things, by the full resumption of operations at the Aboncourt site.

As of December 31, 2022, Pizzorno Environnement benefits from a solid order book, including only firm orders, which amounts to 743 million euros.

As for its 2023 outlook, Pizzorno Environnement intends to benefit from the latest developments in terms of contract renewals. These include a contract for the collection of household waste and recyclable packaging, as well as the supply, maintenance and washing of collection containers for SIVED NG (PACA Region) for a total amount of 14.6 million euros over 2 years.


Learn more about the Utilities sector

Greater disparities between utilities

The World Energy Markets Observatory highlights a wide disparity in retail energy prices in Europe. Suffering from both the effect of the rise in wholesale prices and high volatility in selling prices to end consumers, the profitability of players is under pressure. While the sixteen largest European energy suppliers benefited last year from a significant increase in their turnover (+47% compared to 2020), their gross operating margin (Ebitda margin) , deteriorated from 20.2% to 19.6%. Those who had to resort to purchasing electricity on the market had to pay these additional volumes much more expensive than the level of sale prices already set and therefore saw their margins deteriorate.

Faced with the lower availability of its nuclear fleet, EDF, renationalised, should post an annual loss of 29 billion euros in 2022. Engie is doing better because it succeeded in reducing its imports of Russian gas in the first half while benefiting from high electricity prices and its increased exposure to renewable sources.

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