on VM MATERIAUX (EPA:VMMA)
HERIGE: Turnover down as of September 30, 2024
HERIGE recorded a turnover of €306.9 million as of September 30, 2024, marking a decrease of 12.9% compared to the previous year. The third quarter in particular suffered a decline of 11.4% with a turnover of €91.3 million. This decline is part of a difficult context for the new construction market, impacted by a significant drop in construction starts.
The Industrial Joinery business decreased by 13.7% during the quarter, affected by uncertainties surrounding the zero-rate loan and the MaPrimeRenov' scheme. On the other hand, the Concrete industry showed a slight increase of 0.9%, benefiting from a favorable calendar effect and a positive trend in Ready-Mix Concrete volumes.
R. P.
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