Fermentalg: nine-month sales almost tripled

(CercleFinance.com) - Fermentalg gains 2% after announcing sales of 9.
7 million euros for the first nine months of 2024, almost threefold year-on-year, and surpassing its previous high (6.2 million) at the end of September 2022.

'This performance is notably the result of an expanded customer portfolio, with over 30% more active accounts compared to the same period in 2023, and an increase in average sales', it explains.

The specialist in the research and bioindustrial exploitation of microalgae is maintaining its sales target of around 12 million euros for 2024, 'despite a market context that hardened over the summer'.

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