on COGRA (EPA:ALCOG)
Cogra Q1 2024/25 Review: Towards Market Stabilization
Cogra, a specialist in wood energy in France, reports a turnover of €8.5 million for the first quarter of 2024/25, a decrease of 35% compared to the same period the previous year. This result is close to that recorded before the energy crisis, highlighting a gradual normalization of the wood pellet market.
The company has focused on managing its inventories and increasing its production capacities to prepare for the winter season. Price adjustments and a promising order book are key steps to ensure sustainable growth.
Cogra is well positioned with a modern production tool and a diversified customer base, which could support a solid performance for the remainder of the 2024/25 financial year.
R. P.
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