Financial Performance of Poujoulat Group for the 2023/2024 financial year

The Poujoulat Group recorded a turnover of 351.9 million euros for the 2023/2024 financial year, marking a decrease of 12.5% compared to the previous financial year. Despite this, the company shows growth of 16.4% compared to 2021/2022 and continues to strengthen its market share through strategic investments and acquisitions.

In the sector of chimney flues and industrial chimneys, Poujoulat experienced a decline of 15.9% compared to last year. This decrease is mainly explained by prolonged destocking among customers and a slowdown in the real estate sector. In contrast, activities linked to wood energy showed a less pronounced decline of 7.5%, with a notable increase of 6% in volumes, despite a sharp drop in the prices of wood pellets.

The company plans to concentrate its future investments on increasing energy wood production capacities and acquiring new market shares at European level in the field of chimney flues. In addition, the year 2023/2024 was also marked by major acquisitions and the creation of Vitalome, a subsidiary dedicated to indoor air quality.