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Upergy: Billings down in the fourth quarter of 2024

Stock price chart of UPERGY (EPA:ALUPG) showing fluctuations.

Upergy, a specialist in energy solutions, has announced a turnover of €10.9 million for the fourth quarter of 2024, down from €11.4 million for the same quarter in 2023. For the year 2024, invoicing amounts to €44.0 million, a decrease of 2% compared to 2023. The economic situation in Great Britain has affected the figures, with a notable decline in BtoC activities, while the BtoB sector remains dominant with 90% of sales.

Despite these challenges, France recorded a slight growth in sales (+0.4%). Spain also progressed with +7.3%, strengthening its market share. On the other hand, sales in Great Britain decreased by 6.7%, mainly due to difficult economic conditions. Upergy remains optimistic for 2025 thanks to a controlled cost policy and a reactive pricing strategy.

R. E.

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