AFYREN announces its 2022 annual financial results
A successful 2022 in commercial, industrial, and extra-financial terms:
- Inauguration of the group’s first factory, AFYREN NEOXY
- Commercial success: 75% of annual acid volume and 100% of fertilizer already pre-sold
- Further improved extra-financial rating (78/100 vs. 66 published and 72 adjusted)
Teams fully mobilized at the start of 2023:
- Reliability testing and tuning is in progress at AFYREN NEOXY plant, and clients have confirmed commitments for orders totaling €165 million in revenue
- International expansion is confirmed, with the project for a second factory in Thailand
A solid financial situation at the end of 2022:
- Net loss in line with expectations: delivery and start-up of the AFYREN NEOXY plant, as well as development costs of next plants and innovation projects
- Limited cash consumption: €62.3 million of cash available as of December 31, 2022, to continue executing the medium-term strategy presented at the IPO
To find out more, download our press release.
Dernières actualités
Découvrez nos articles et communiqués pour en savoir plus et découvrir le monde de l’industrie durable.
Voir tous les articles
#INSPIRINGTALKS – Part 2 – How the lubricant industry took action to lower its carbon footprint – A discussion with Apu Gosalia, also known as “The Sustainalyst”
News post
AFYREN announces signing of new commercial contract with US nutraceutical maker
Press release AFYREN announces new initiation of coverage by Bryan, Garnier & Co
Press release
AFYREN’s fermentation lab reaches 2-million-hour mark as it identifies new raw materials to fuel industrial expansion
Press release #INSPIRINGTALKS – How the lubricant industry took action to lower its carbon footprint – A discussion with Apu Gosalia, also known as “The Sustainalyst”
News post
Dernières actualités
Découvrez nos articles et communiqués pour en savoir plus et découvrir le monde de l’industrie durable.
Voir tous les articles