COGRA: Second Quarter 2024/25 Revenue

Cogra, the leader in the wood energy sector in France, has announced a turnover of 10.3 million euros for the second quarter of the 2024/25 financial year. Despite this, a decrease of 24% is observed compared to the same period of the previous year. This decrease is explained by high stocks and a tense market, direct consequences of the past energy crisis.

However, sales of stoves and boilers are showing signs of recovery. To adjust its production in the face of slow inventory flow, Cogra has implemented partial unemployment on one of its production lines. This decision will help limit the impact on profitability in the second half of the year.

Despite the difficult economic situation, the company maintains its solid financial fundamentals. It is preparing to meet the changing demand throughout the winter season by strengthening its stocks and improving its production capacities.