France: Hoffmann Green Cement Technologies recorded revenues of €3.5m in the first half of 2025, up by 8% year-on-year, driven by increased cement sales volumes. Earnings before interest, taxation, depreciation and amortisation (EBITDA) were -€5.7m, down from -€3.1m in the first half of 2024. Net income stood at -€8.4m, compared to -€5.0m in the first half of 2024, following higher depreciation and amortisation charges.
Production reached 19,640t, more than 2.5 times the 7833t produced in the first half of 2024, already exceeding total 2024 volumes. Cement was supplied to over 130 sites nationwide, producing more than 60,000m³ of clinker-free concrete delivered by 10,000 truck mixers. The company targets 50,000t of cement sold by the end of 2025 and positive EBITDA, subject to the signing of new licensing agreements.
Co-founders Julien Blanchard and David Hoffmann said “The first half of 2025 was characterised by a significant increase in our production volumes. Unlike the first half of 2024, during which we received a €2m entry fee from our American partner, all of our half-yearly revenue for 2025 is generated from cement sales, reflecting its growing adoption within the construction sector. Finally, we reiterate all of our objectives for 2030 and are targeting sales of 50,000t by the end of 2025, with the second half of the year traditionally being more favourable to the company's activity.”
