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Cogra: A Decline in Turnover for the 1st Quarter of 2024/25

Stock price chart of COGRA (EPA:ALCOG) showing fluctuations.

Cogra, a pioneer in the wood energy sector in France, has announced a turnover of 8.5 million euros for the first quarter of the 2024/25 financial year. This result marks a significant decrease of 35% compared to the same period of the previous year, when the figure reached 13.1 million euros, in line with a high comparison base due to the energy crisis.

This turnover is, however, close to the pre-crisis level, placed at 8.8 million euros in the first quarter of 2022/23, indicating a trend towards normalization of the market. To better approach the winter, Cogra has focused on the flow of stocks and the increase of its production capacities.

R. P.

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