(AOF) – Poujoulat, the flue specialist, gained 6.47% to 29.60 euros after announcing excellent results for the first half of 2022 (April-September). Net profit was 12.66 million euros (against 4.75 million euros) and reached 7.5% of turnover against 3.7% in the first half of the previous year. Turnover, up 30% linked to the good dynamics of the market in France and abroad, was 168.28 million euros against 128.28 million euros in the previous year.
Its financial results are growing strongly thanks to the significant increase in volumes sold (particularly energy wood), good cost control and excellent international performance. The “price” effect contributed one third of the growth in activity in the first half.
In terms of prospects, the current year should therefore close with growth of more than 30%, with a consolidated turnover close to 400 million euro. The Poujoulat group is expected to significantly exceed its net profitability target of 5%, a company press release said.
But 2023 should be marked by various uncertainties from a macroeconomic point of view: energy prices, resulting industrial activity, household purchasing power, slowdown in new construction, etc.
Frédéric Coirier, Chairman and Chief Executive Officer of the Poujoulat Group, commented: “The geopolitical context remains unclear and a source of inflation, which could potentially tighten demand. We will therefore remain vigilant in controlling our spending and listen to the consumer. We believe, however, that the lessons of recent months require an ever greater diversity of energies, a guarantee of supply security, and greater energy efficiency, essential for the reduction of CO 2 emissions and the control of energy costs. of multi-energy, aesthetic and performing, the group is equipped to face current and future challenges.”
On February 14, Poujoulat will publish its turnover for the third quarter of the 2022/2023 financial year.
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