(CercleFinance.com) – Skytech announced Friday the approval of its document de base with the Autorité des marchés financiers with a view to the project of listing on the stock market of this ‘greentech’ specialized in resins.
The company, which produces regenerated resins from complex plastic waste for manufacturers, explains that it has set itself ambitious commercial and financial objectives.
By 2025, the company is aiming for a turnover of around 200 million euros for an EBITDA margin target of between 17% and 20%, then around 30% for 2030.
Skytech plans to support its growth by opening new production sites internationally, with the objective of having four factories in 2025 and at least six factories in 2030.
In 2021, the annual production capacity at its historic site in Bonnières-sur-Seine (Yvelines) reached 10,000 tonnes, a figure which should increase to 35,000 tonnes this year with the inauguration of a new site located in Val- of Hazey, in Normandy.
Skytech specifies that the completion of its IPO, planned on Euronext Growth in Paris, remains dependent on market conditions.
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