The EPC Group Publishes Its Financial Results for the 4th Quarter of 2023

EPC announced consolidated growth of 8% for the year 2023, marked by stability in sales prices and an increase in volumes. The Africa Asia Pacific zone stands out with an increase in activity of 25% at constant rate. The company is offsetting difficulties in Europe with strong demand in infrastructure projects and the extractive industry in the Middle East, Africa and North America.

Turnover excluding joint ventures reached 482.3 million euros in 2023 compared to 467.5 million in 2022. This growth of 4.8% was impacted by the cessation of the marketing of Diesel Additives in June 2023 , otherwise it would have reached 6.7%.

The European branch saw modest growth due to the good performance of the Deconstruction and Circular Economy activities, despite a slowdown in the explosives distribution activity in France. In Africa and Asia Pacific, EPC is recording remarkable growth, supported by excellent performances in Ivory Coast, Senegal, and notable expansion in Saudi Arabia thanks to new explosives manufacturing units on site.

The recent acquisition of the companies Vibraquipo and Vibratesting, specialized in measurement for mines and quarries, and the new contract on the Euralpin Lyon Turin Tunnel site are also worth noting. These developments demonstrate EPC's strategic direction towards the expansion of its service activities and digital transformation.