ENOGIA posts 53% growth in turnover in 2023

ENOGIA has published its turnover for the year ended December 31, 2023, announcing a significant increase of 53% to reach 5.1 million euros. This increase aligns with the previously announced objectives of the company, specializing in micro-turbomachinery for the energy transition, with a growth projection above 50%.

The ORC sector played a major role in this growth, with a turnover of 4.4 million euros, mainly thanks to a contract in Germany with a total of 40 machines. Furthermore, ENOGIA has started work on its first order of ORC modules in the maritime sector, demonstrating the environmental ambition shared with Chantiers de l'Atlantique. Another notable success is the sale of modules in the field of geothermal energy in collaboration with the Taiwan Cement Corporation.

The reorganization of its turbomachinery development activity, which grew by 275%, reflects ENOGIA's commitment to decarbonization. With an order book of 6.7 million euros at the end of 2023 and sustained commercial activity at the start of 2024, ENOGIA confirms its objective of average turnover growth above 50% for 2024 and 2025.