Report
Jeremy Garnier

Hoffmann Green : Interim results close to expectations – acceleration expected in H2

>H1 2024 sales totalled € 3.3m (vs € 4m est)/EBITDA of -€ 3.1m (vs -€ 2m est.) - Hoffmann Green this morning reported its H1 2024 results. The figures were broadly in line with our expectations: sales increased 2x to € 3.3m (vs € 4m est), and EBITDA was -€ 3.1m (vs -€ 2m est). Attributable net profit totalled -€ 5.2m. The growth in H1 sales was largely due to the billing of an entry fee of € 2m to the US partner, while growth in volumes sold in France remained limited...
Underlying
Hoffmann Green Cement Technologies SA

Hoffmann Green Cement Technologies SAS. Hoffmann Green Cement Technologies SAS is a France-based company, which manufactures cements. The Company mainly manufactures decarbonated cements for construction. Hoffmann Green Cement Technologies SAS is involved in the energy and ecological transition by manufacturing low carbon eco-materials.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jeremy Garnier

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