Charwood Energy records strong growth despite a decline in profitability

Charwood Energy, a French specialist in biomass energy recovery, has published its 2026 half-year results. The company announced a 57% increase in revenue, reaching €5.5 million compared to the same period last year. This rise is primarily due to design and construction projects for third parties, representing 90% of total revenue.

However, an increase in operating expenses impacted profitability, with EBITDA at -€1.8 million. Net income attributable to the group showed a loss of €2.4 million.

Charwood Energy's financial situation remains solid, with cash of €2.9 million as of June 30, 2026. The order book is strengthening at €12 million, guaranteeing good visibility for 2026 and 2027.