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An announcement from Cogra 48 SA ( (FR:ALCOG) ) is now available.
Cogra reported a revenue of €10.3 million for the 2nd quarter of 2024/25, reflecting a 21% increase from the previous quarter, but a 24% decline year-over-year due to a high comparison base. The company is experiencing stable sales volumes and a pick-up in stove and boiler sales, yet faces challenges in depleting excess stock which has led to short-time work on one production line. Despite these operational challenges, Cogra’s fundamentals remain strong, and it is poised for sustainable growth with a diversified customer base and modern production capabilities.
More about Cogra 48 SA
Cogra is a leading French wood energy company specializing in the production of high-quality wood pellets. With 42 years of experience, it operates three factories with a combined capacity of 200,000 tonnes, distributing its products both domestically and internationally through over 1000 resellers. In addition to pellet production, Cogra offers advisory and distribution services for stoves and boilers, catering to consumers focused on energy savings and environmental protection.
YTD Price Performance: 5.12%
Average Trading Volume: 2,041
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €20.9M
See more insights into ALCOG stock on TipRanks’ Stock Analysis page.