Moulinvest SA (FR:ALMOU) has released an update.
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Moulinvest SA, an eco-construction and wood energy company, reported a significant decline in their first half-year results for 2024, with consolidated revenue dropping by 10.7% to €46.7 million and a stark decrease in EBITDA by 60.2% to €6 million. The decrease in performance was primarily due to a fall in sales prices across their activities, despite maintaining sales volumes. The company’s operating result also plummeted by 98.3% to a mere €0.2 million.
For further insights into FR:ALMOU stock, check out TipRanks’ Stock Analysis page.
