Florentaise SA (FR:ALFLO) has released an update.
Florentaise SA, a leader in low-carbon soil mixtures, has reported a 15.5% increase in revenue reaching €66.9 million for the fiscal year 2023-2024, with a significant sales boost in China contributing to the growth. The company’s BIVIS activity also grew by 19.5%, and despite heavy rainfall impacting French sales, the professional segment saw a 5% increase. Florentaise confirms its ambitious target for a €120 million revenue by 2027, leveraging international expansion and innovative eco-solutions.
For further insights into FR:ALFLO stock, check out TipRanks’ Stock Analysis page.