Gascogne Group: Half-Year Results 2025

Groupe Gascogne announces a 7% increase in its revenue in the first half of 2025, reaching €208.1 million. EBITDA amounted to €11.3 million, compared to €7.4 million the previous year. This improvement is mainly due to the Paper business, whose EBITDA remains negative but shows a significant improvement. The other segments posted stable results.

Current operating profit reached breakeven thanks to this performance, although consolidated net profit remained negative at -3.4 million euros. Development of the new paper machine is continuing according to schedule, with start-up planned for the end of 2026.

Operating cash flow stood at €2.2 million, while investments, particularly for the paper machine, reached €23.5 million. Net debt increased, reflecting these major investments.