Net loss widened to €8.4 million, impacted by increased operating costs and depreciation
PARIS: Hoffmann Green Cement Technologies (ISIN: FR0013451044, Ticker: ALHGR), a pioneer in clinker-free cement innovation, reported an 8% year-on-year revenue increase for the first half of 2025, driven entirely by cement sales. The Company’s Supervisory Board reviewed and approved the half-year financials on Sept. 2.
Production volumes surged 2.5-fold to 19,640 tons, surpassing full-year 2024 output. The Company supplied over 130 construction sites nationwide with more than 60,000 m³ of 0% clinker concrete, reinforcing its position in sustainable construction.
Co-founders Julien Blanchard and David Hoffmann cited strong commercial momentum and expanding market adoption. “This confirms the relevance of our industrial trajectory based on innovation, market diversification, and partner network development,” they said.
Despite the revenue growth, EBITDA fell to -€5.7 million from -€3.1 million in H1 2024, reflecting a shift from high-margin entry fees to direct cement sales. Net loss widened to €8.4 million, impacted by increased operating costs and depreciation.
The Company maintained a solid financial structure, with €54 million in equity and €5.5 million in cash and equivalents. Bank debt was reduced to €9.4 million, with a target of near-zero by 2028.
Strategic partnerships expanded with Bouygues Immobilier, Trecobat, Morisset Group, and GBMP Bâtiment, while market diversification extended into industrial platforms, waste treatment, and road construction.
Hoffmann Green also achieved key certifications, including France’s first ATEC for 0% clinker cement and ASTM C1157 recognition in the U.S., bolstering global credibility.
Looking ahead, the Company reaffirmed its 2030 targets: 1 million tons of production, €150 million in revenue, and five new international licensing agreements.
The full half-year report will be available on the Company’s website by Oct. 31, 2025.