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sur FLORENTAISE (isin : FR001400GO75)

Florentaise reports its annual results and reveals its quarterly turnover

Florentaise, a specialist in low-carbon soils, has announced the postponement of the publication of its annual results. This decision comes due to persistent cash flow tensions, although reduced to €1.7 million at the end of September 2024. The company hopes to integrate the impact of the ongoing financial measures. At the same time, turnover for the first quarter of 2024-2025 amounts to €9.3 million, a decrease of 6.4% compared to the previous year.

Gardening activities, subject to strong seasonality, recorded a decline in France, particularly in the professional sector, due to unfavorable weather conditions. Internationally, sales in China increased by 43.4%, partially offsetting the decline in local sales. The BIVIS activity, for its part, recorded a significant decline of 55.9% compared to the previous year, following an exceptional sale the previous year.

R. E.

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