(AOF) – The Poujoulat Group closes its 2022/2023 financial year with 33% growth in its turnover, which amounts to 401 million euros. Its Ebitda increased over one year from 36.9 million euros to 50.2 million euros. Its net result increased from 14.6 million euros to 26.1 million euros. This good financial year validates the strategy and the economic model focused on energy efficiency and renewable energies.
The 2022/2023 financial year was marked in particular by growth in volumes sold in all market segments and a significant price share linked to increases in raw materials, energy and transport.
It was also marked by an atypical year for wood pellets, subject to strong tensions in terms of price but a return to normal at the end of the financial year.
Frédéric Coirier, Chairman and CEO of Poujoulat spoke about the future prospects of his group: “Our objective for the financial year is an increase of 5 to 7% in our consolidated turnover, i.e. approximately 430 million euros. This growth will be mainly linked to volumes because we have chosen to stabilize our prices as much as possible to support our customers. We are aiming for stability in our results for 2023/2024 ”
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Lack of visibility
The National Union of Quarry and Building Materials Industries (Unicem) indicates that, after an initial downturn in the second quarter, activity continued to deteriorate in the third quarter and recorded a drop in both aggregates (-1.3 %) than on ready-mixed concrete (-0.9%). Over the first nine months of the year, the decline was 2% for the materials business as a whole. Only tiles and bricks manage to show slight increases in activity.
The general outlook is deteriorating and recruitment difficulties and rising costs are the main sources of concern. Furthermore, Unicem underlines the difficulties in implementing the projects. The production of materials could decline this year by 3% for ready-mixed concrete (BPE) and 4% for aggregates.