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on Graines Voltz (EPA:GRVO)

Resilience and Strategic Review at Graines Voltz

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Graines Voltz, a major player in the seed sector, has announced consolidated sales of €134.4 million for the 2023/2024 financial year, an increase of 1% compared to the previous year. France, Europe and the rest of the world represent 65%, 30% and 5% of sales respectively, with notable increases in France and Europe.

In terms of products, seeds and young plants dominate sales, while supplies show the strongest increase. The gross margin rate also increased by one point to 53.2%. Faced with difficult market conditions, the company is showing resilience and is continuing a strategic review of its activities. Hugo Bony, CEO, mentions a possible depreciation of assets, but anticipates a strengthening of future results.

R. H.

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