(BFM Stock Exchange) – The wood specialist unveiled accounts in clear improvement for the first half of his offbeat fiscal year 2024-2025. Moulinvest quotes favorable perspectives for its wood construction activity and expects an increase in its profitability during the second half.

Founded in 1916, Moulinvest has been present on all wood trades and it has been listed on Euronext Growth since 2011. This discreet company based in the Massif Central, manufactures a wide range of structural and covering wood for the construction sector, but also solid wood walls for wooden frame houses.

The Puy-de-Dôme company also offers outdoor arrangements, arboriculture and viticulture stakes or electric and telephone lines.

Between 2020 and May 2022, Moulinvest had reached stock market summits, with a title which had ignited 1,000% to reach more than 66.20 euros. The action was then carried out by a high demand for sawing products intended for construction and development, itself favored by policies to combat global warming.

Moulinvest also massively benefited from the craze of consumers for “wood energy” considered as ecological and above all economical in the face of the surge in “traditional” energy prices including gas, fuel oil or electricity linked to war in Ukraine.

But this meteoric ascent of the accounts and the Moulinvest stock market course was stopped by the crisis in the building, so the generating fact is the increase in interest rates. This has ousted many households in the race for real estate accession. And the clear degradation of accounts 2022-2023 and 2023-2024 closed at the end of August were indicative of the difficulties crossed by the family group.

An improvement in accounts

These difficulties seem to be slowly being in the moulinvest mirror. The family company unveiled its accounts for its first semester closed at the end of February 2025, showing an improvement in its financial performance.

On the Paris Stock Exchange, the market welcomes this increase in these accounts. Moulinvest is still awarded 12% around 12:30 p.m. after jumping almost 20% in the first exchanges of this session on Wednesday June 11.

Moulinvest is already reconnecting with growth. The consolidated turnover of the group increased by 4.7% over one year to reach 48.9 million euros for the first half of the year 2024-2025. The wooden specialist attributes this increase in sales to an increase of 9.5% of the Bois Construction activity, which benefited “from the cumulative effect of an increase in volumes and an increase in selling prices”.

The gross operating profit (EBITDA) jumped by almost 35% over a year, to be 8.83 million euros, compared to 6 million euros at the end of February 2024. The group also returns to profits after this semester. The group’s net profit share amounts to 1.57 million euros at the end of this first half of 2024-2025, against a loss of 200,000 euros at the end of February 2024.

In addition, Moulinvest released during the past semester a flow of operating cash of 4.2 million euros where the company consumed 7.4 million euros in the first half of 2024.

An increase in profitability in the second half

With regard to its perspectives, Moulinvest says it is evolving on an attractive wood market offering visibility despite a “geopolitical and macro-economic climate, which is always uncertain”,

The company quotes order prospects for the second semester favorable for wood construction and stable activity for wood granulated activity.

“The installation of its new Big Wood reception tool is finalized at the end of this first half. The increase in volumes received should thus allow the group to display an increase in its activity level,” said Moulinvest in its press release.

The wooden specialist expects an increase in his profitability during the second half in connection with a continuation of the reduction of external charges and in particular energy costs.