on Graines Voltz (EPA:GRVO)

Results for the first half of 2023/2024 for Graines Voltz

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Colmar, June 27, 2024 – Graines Voltz has published its financial results for the first half of the 2023/2024 financial year. The turnover amounted to €75.9 million, recording a slight decrease of 0.9% compared to the previous year. Operating profitability reached 7.4%.

Geographically, sales in France fell by 0.6% to reach €49.8 million. In Europe, they increased by 0.9% and stood at €23.4 million, while the rest of the world showed a drop of 19%, with €2.7 million in sales. In terms of products, seeds and supplies are down, while seedlings are up slightly by 0.3%.

Net profit, group share, amounts to €2.9 million, compared to €2.1 million in the previous half-year. Equity remains stable at €75.8 million. Overall net debt decreased by €2 million, reaching €71.4 million.

Graines Voltz confirms its outlook for stability for the entire financial year. An update on third quarter activity is expected on September 10, 2024.

R. H.

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