Polygiene Group AB (publ.) Interim Report July 1 – September 30, 2023
Positive EBITDA and strong cash flow signal recoveryNet sales for the quarter amounted to MSEK 28.7 (41.0), a 30% decrease compared to the third quarter last year. This fiscal period saw a more robust gross margin of 72.2 (65.6)% than 2022. Operating profit before interest, taxes depreciation and amortization (EBITDA) was MSEK 0.1 (5.1), equivalent to an EBITDA margin of 0.4 (12.5)%. Cash flow, was positive at MSEK 2.3 (including currency effects, MSEK 1.2), with MSEK 48.3 in cash and cash equivalents.The quarter in brief (July – September 2023) · Net sales amounted to MSEK 28.7 (41.
Paulig’s venture arm, PINC, is investing in the French startup Amatera, an innovative biotech platform for the sustainable cultivation of perennial crops. Amatera’s first solution speeds up the breeding of coffee beans four to five times compared to conventional breeding, without GMOs. Their goal is to create a new coffee variety that combines the rich flavour of Arabica with the robustness and higher yield properties of Robusta. This investment supports Paulig’s aim to develop a food culture that promotes the well-being of people and the planet.Each year, about a trillion cups of coffee
As the global demand for fish consumption continues to surge, fish farmers are constantly looking for ways to improve their cultivation techniques. A new study conducted by researchers at the Norwegian University of Life Sciences (NMBU) shows that using Enifer’s proprietary PEKILO®Aqua mycoprotein had a significant positive impact on salmon’s natural immune system and growth.Espoo, Finland (October 26th, 2023) Finnish biotech startup Enifer has contributed to a new study on farmed salmon that was done in collaboration with the Norwegian University of Life Sciences (
