Florentaise SA (FR:ALFLO) has released an update.
Florentaise SA, a leader in peat-free potting soil in France, has seen a surge in sales as professionals increasingly adopt its sustainable substrates, now comprising over 50% of its production. The company’s market share has grown to 12% with a recurring revenue of 86% from 2020 to 2022, highlighting a shift towards eco-friendly horticultural practices.
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