CM Biomass announces strong results in difficult year

Having for the past two years added production to CM Biomass’ portfolio of trading and expanded on logistics and sourcing solutions, CM Biomass has in the latest annual result shown the strength of combining production and trading as a flexible provider with a record setting result.The past financial year of 2023/24 has posed significant challenges to the biomass industry, including a mild and late winter season with less demand and lowered prices on wood pellets as a result. Despite this, CM Biomass has been able to deliver the best result in its 15 years of operation, landing an EBT of