Herige: 12% decline in annual sales

(CercleFinance.com) - Herige Industries reported sales down 11.
9% to €406.1 million for the full year 2024, with fourth-quarter sales alone down 8.5% to €99.2 million, 'reflecting a new-build market that is still severely deteriorated'.

The industrial joinery business posted a 12.5% decline in the final quarter of 2024, impacted both by the housing crisis and the uncertainty surrounding the PTZ and MaPrimeRenov', while the concrete industry posted a limited 3.5% decrease.

Herige has also sold VM Guadeloupe, a non-strategic business representing sales of 2.8 million in 2024 and employing seven people, all of whom have been taken over by the local buyer.

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