Poujoulat SA (FR:ALPJT) has released an update.
Poujoulat Group experienced an 11% decrease in first-quarter turnover, with a significant impact from declining wood pellet prices. Despite the challenging economic climate, the company remains resilient, bolstered by acquisitions aimed at diversifying its wood energy sector and adapting its chimney flue offerings. Growth is anticipated in the second half of the year, with an overall outlook of 7 to 10% growth for wood energy and slight growth for chimney flues and industrial chimneys.
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