Cogra has published its annual turnover. It achieved a good commercial performance, with an increase in its billings of 67% in the fourth quarter.
The enthusiasm for Cogra’s wood pellets is confirmed | Photo credits: Istock
His income is on the rise. Cogra has published its annual turnover: for the fourth quarter of its staggered fiscal year (closing at the end of June), it increased by 67%, to reach 7 million euros. Over the year, the producer of wood pellets for heating increased its billings by 50%, to 42 million euros.
Popular stocks
In a context of general rise in the price of raw materials, the group was able to contain the increase in its selling prices thanks to the reliability of its supply network. It also benefited from its production capacities, amplified by its Craponne-sur-Arzon plant, commissioned in the first quarter of 2021, to be able to meet demand “ still strong “. Also, indicates the group, the performance of its production sites has enabled it to replenish its stocks and serve the major clients who had anticipated their purchases, given the uncertainty of the economic environment.
Mission accomplished
For the rest, Cogra will publish its 2021/2022 annual results next September. In the meantime, it confirms the overrun of the “financial component of its Cap 2022 plan, presented in September 2019 », ie a gross operating surplus margin of more than 10%. He also wants to continue to expand his client portfolio and adapt to fluctuations in his market.
NH