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Rougier SA ( (FR:ALRGR) ) has shared an announcement.
Rougier SA, a leader in sustainable African wood, announced its definitive exit from the Safeguard Plan due to successfully clearing its restructured liabilities. However, the company reported a decline in 2024 revenue to 95 million euros, down 3.9% from 2023, influenced by global economic slowdowns and geopolitical issues. Despite these challenges, Rougier Afrique International saw a 12.6% increase in panel product sales, and the group strengthened its governance with new leadership appointments.
More about Rougier SA
Founded in 1923, ROUGIER SA is a prominent company in the African wood industry, specializing in the management of responsibly sourced natural forests, industrial transformation, and international trade. The company is active in Central Africa, particularly in Gabon and the Republic of Congo, and is recognized for its commitment to sustainable practices.
YTD Price Performance: 13.19%
Average Trading Volume: 402
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €17.65M
See more data about ALRGR stock on TipRanks’ Stock Analysis page.