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The latest update is out from Cogra 48 SA ( (FR:ALCOG) ).
Cogra 48 SA reported a challenging first semester for 2024/25, with a 30% drop in revenue and a significant decline in EBITDA and net results due to fluctuating wood pellet prices and high stock levels. The company anticipates improvements in the second semester from cost reduction measures and favorable seasonal conditions, while maintaining a strong financial structure with reduced debts and increased cash reserves.
More about Cogra 48 SA
Cogra 48 SA is a pioneer in the wood energy industry in France, primarily focusing on the production and distribution of wood pellets. The company is known for its ecological and economical heating solutions, serving a diversified clientele with a commitment to high production standards and storage capacity investments.
YTD Price Performance: -6.48%
Average Trading Volume: 1,758
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €18.71M
For an in-depth examination of ALCOG stock, go to TipRanks’ Stock Analysis page.