Moulinvest SA (FR:ALMOU) has released an update.
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Moulinvest SA, a family industrial group, reported a significant decline in its first-half financial performance for 2023/2024, with consolidated revenue dropping 10.7% to €46.7 million, and EBITDA plummeting by 60.2% to €6 million. The decrease in revenue was largely due to a fall in sales prices across their eco-construction and wood energy sectors, despite maintaining sales volumes. Operating results also took a hit, dwindling to €0.2 million, a 98.3% decrease from the previous year.
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