Poujoulat Group: Consolidated turnover 1Q 2024/2025

The Poujoulat Group has published its turnover for the first quarter of 2024/2025, which amounts to 67.4 million euros. This represents a drop of 11% compared to the same period of 2023/2024. The main reason for this decline is the drop in the price of wood pellets.

The “chimney flues and industrial chimneys” segments posted a turnover of 43.1 million euros, down 8.1%. The “wood energy” sector is also down 15.6%, reaching 24.3 million euros. Despite this, sales volumes are increasing thanks to cool temperatures and competitive prices.

The group has made several acquisitions, notably of the Spanish company CONVESA and 65% of Novacité, to strengthen its position on the market. For the second quarter, a slight drop in sales is anticipated, with a recovery expected in the second half.