ECOSLOPS SA : REVENUES FOR THE 1st HALF OF 2024
July 15 2024 - 12:00PM
UK Regulatory
ECOSLOPS SA : REVENUES FOR THE 1st HALF OF 2024
ECOSLOPS SA : REVENUES FOR THE 1st HALF OF
2024
| In
€M |
H1 2023 |
H1 2024 |
Var €M |
Var % |
| |
|
|
|
|
| Ecoslops
Portugal - Refined products |
3,5 |
4,7 |
1,2 |
35% |
| Ecoslops
Portugal - Port services |
1,2 |
1,4 |
0,2 |
15% |
|
Scarabox |
0,0 |
0,0 |
0,0 |
N/A |
|
|
|
|
|
|
| Total on
a comparable basis |
4,7 |
6,2 |
1,4 |
30% |
|
|
|
|
|
|
| Ecoslops
Provence |
0,8 |
0,0 |
-0,8 |
- 100% |
|
|
|
|
|
|
|
Published revenues |
5,5 |
6,2 |
0,6 |
11% |
In its new scope of business, Ecoslops
posted first-half 2024 sales of €6.2 million, up 30% on a
like-for-like basis, taking into account the sale of Ecoslops
Provence at the beginning of the year.
This 30% increase in sales on a like-for-like
basis breaks down into +35% in Refined Products, the Group's core
business, and +14% in Port Services.
In Refined Products, sales growth was driven by
a +10% price effect and a +25% volume effect.
Sales volume rose to 10,232 tonnes (vs. 7,989
tonnes in 2023), with an increase in the number of production days
(+23%) and an improvement in productivity (+2%).
Cash position
The Group's cash position stands at €7.8 million
at June 30, 2024, including €6.9 million in available cash (taking
into account a €0.8 million conditional advance on investment
subsidies). The Group is also pursuing its debt restructuring
discussions, in particular with the European Investment Bank, with
the aim of finalizing an agreement before the end of 2024.
The Group's net debt, which stood at €18.2
million at December 31, 2023, was €12.1 million at June 30,
2024.
ABOUT ECOSLOPS
Ecoslops is listed on Euronext Growth Paris
Code ISIN : FR0011490648 - Mnémonique : ALESA / eligible
PEA-PME.
Contact Investors' relationship: info.esa@ecoslops.com -
+33 (0)1 83 64 47 43
Ecoslops fait entrer le pétrole dans l’économie circulaire grâce
à une technologie innovante, permettant de produire du carburant et
du bitume léger à partir de résidus pétroliers. La solution
proposée par Ecoslops repose sur un procédé industriel unique de
micro-raffinage de ces résidus pour les transformer en produits
commerciaux de 2ème génération aux standards internationaux.
Ecoslops offre aux infrastructures portuaires, aux collecteurs de
résidus ainsi qu’aux armateurs une solution économique et plus
respectueuse de l’environnement.
www.ecoslops.com
- REVENUES 1st HALF OF 2024 - ECOSLOPS UK
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