Cogra: 2% decline in half-year net income
(CercleFinance.com) - Cogra reports a 2% decline in net income to 2.
52 million euros for the first half of 2023-24, with an EBITDA margin of 18.6% on sales of 26.6 million, up 5% 'in a context of a landing in the wood energy market'.
These results put Cogra in a favorable position to meet the challenges of 2024, in particular the normalization of a market disrupted by the energy crisis of 2023 and a less rigorous winter season, limiting heating needs," the company believes.
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