Ecoslops : Revenues for the first half of 2023
July 12 2023 - 11:29AM
Ecoslops : Revenues for the first half of 2023
Paris, July 12th, 2023
Ecoslops generated revenues of €5.5
million in the first half of 2023, compared with €8.9 million in
the first half of 2022, down 38%.
In
€M |
H1 2021 |
H1 2022 |
Var €M |
Var % |
|
|
|
|
|
Ecoslops Portugal |
6,8 |
4,7 |
-2,0 |
- 30% |
Ecoslops Provence |
1,9 |
0,8 |
-1,1 |
- 59% |
Scarabox |
0,3 |
0,0 |
-0,3 |
- 100% |
|
|
|
|
|
Total |
8,9 |
5,5 |
-3,4 |
- 38% |
Compared with the first half of 2022, which was
characterized by a high base effect (oil prices rise following the
start of the conflict in Ukraine), revenues for the first half of
2023 were down 23% due to the price effect (Brent fell from €96/bbl
to €74/bbl) and 15% due to the volume effect.
For the Sines unit in Portugal, sales volume
amounts to 7,989 tonnes (versus 10,395 tonnes in 2022). This
decline is mainly due to the shift in the maintenance schedule
between 2022 and 2023.The Marseille plant sold 2,046 tonnes (1,401
tonnes produced), compared with 3,300 tonnes in the first half of
2022. As already communicated, the ongoing adaptation and
improvement work carried out in Q1 2023, to optimize the treatment
of certain local sources of fossil waste (more land-based than
sea-based), penalized business for the half-year.
Perspectives
In the Refined Products activity, the Group
forecasts full-year production of 20-22,000 tonnes for the Sines
plant and 8-10,000 tonnes for the Marseille plant.
Cash position
The Group's cash position stands at €5.5 million
at June 30, 2023, of which €4.7 million are available (taking into
account a €0.8 million conditional advance on investment
subsidies). The Group is also continuing discussions on the
restructuring of its debt, with the aim of reaching an agreement
before the end of the year.
A PROPOS
D’ECOSLOPSEcoslops est cotée sur Euronext Growth à
Paris Code ISIN : FR0011490648 - Mnémonique :
ALESA / éligible PEA-PME. Contact Relations
investisseurs : info.esa@ecoslops.com - +33 (0)1 83 64 47
43
Ecoslops fait entrer le pétrole dans l’économie circulaire grâce
à une technologie innovante, permettant de produire du carburant et
du bitume léger à partir de résidus pétroliers. La solution
proposée par Ecoslops repose sur un procédé industriel unique de
micro-raffinage de ces résidus pour les transformer en produits
commerciaux de 2ème génération aux standards internationaux.
Ecoslops offre aux infrastructures portuaires, aux collecteurs de
résidus ainsi qu’aux armateurs une solution économique et plus
respectueuse de l’environnement.
www.ecoslops.com
- PR_12jul23_ECOSLOPS_H12023_TURNOVER
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