The CCPA Group publishes its 2023 Activity Report
CCPA Group reports solid performance for 2023
The year 2023 was marked by the launch of the BECOME 2025 strategic plan, significant achievements and sustained growth, despite an unstable international context and regulatory and health challenges. The Activity Report details the financial results, strategic innovations and sustainability initiatives that contributed to these achievements.
Highlights of the 2023 Annual Report
- Turnover and Ebitda growth: The Group recorded turnover of €182m and Ebitda of €18m, a significant increase (+3% and +34% respectively) compared to 2022, thanks to a strategy of geographic diversification, an improved product mix and strong sales momentum driven by the Group's three areas of expertise: nutritional expertise, digital expertise and phyto-expertise.
- Consolidated shareholders' equity stood at €103m, reflecting the Group's financial strength and capacity to invest.
- Innovation and development: In 2023, the Group has invested €5m in Research and Innovation, with 25 innovation projects under development. These projects will strengthen its position as an expert in animal nutrition and offer new solutions to its customers.
- Commitment to sustainability: As part of its mission to contribute to the sustainability of the industry, the CCPA Group has launched a number of initiatives to reduce its environmental footprint and that of its customers, including a global eco-design approach to measure the impact of its products using Life Cycle Assessment (LCA), a ruminant programme to reduce CO2 emissions per litre of milk by 15%, new soya-free formulation strategies for monogastrics, and a range of technological services to help feed manufacturers manage energy, with the aim of reducing energy consumption by 15% over one year.
Mickaël Marcerou, Chairman of the Board of Directors of the CCPA Group, said at the AGM:
"The good results for 2023 are the result of a clear strategy, the commitment of our teams and our ability to adapt and innovate in a constantly changing environment."
François Pellet, Chief Executive Officer of the Group, added:
"We are proud of the progress made in 2023 and remain determined to implement our mission to serve the livestock sectors and create sustainable value for our customers, employees and shareholders."
