Rougier reported revenues of Euro 38.7 million for the six months ended June 30, 2025, a 18.6% decrease from Euro 47.6 million in the same period last year, due to weak global demand and logistical disruptions, according to Rougier.
The company's EBITDA fell to Euro 6.6 million from Euro 8.7 million a year earlier, resulting in a net loss of Euro 0.8 million, compared to a net income of Euro 3.1 million in the first half of 2024.
Revenues in Gabon decreased by 19%, driven by lower forestry production, logistical difficulties, and low price levels in a market marked by weaker consumption. In Congo, revenues fell by 32%, reflecting 76 days of production shutdowns caused by a nationwide diesel shortage that began in the Q4 2024. The trading division of Rougier Afrique International maintained sales amid sluggish international demand.
By product category, sales of logs decreased to Euro 15.7 million from Euro 19.7 million, sales of sawn timber and derivatives fell to Euro 10.2 million from Euro 13.9 million, and plywood and derivatives sales declined to Euro 12.8 million from Euro 13.8 million.
Consolidated net financial debt stood at Euro 13.9 million at the end of June 2025, representing 58.4% of shareholders' equity, compared to 53.9% at the end of 2024.
Despite an uncertain outlook for the second half of 2025, the group remains confident in its ability to stabilize its business and consolidate its market positions. Rougier stated that its strategy ensures full compliance with the upcoming European Union Deforestation Regulation, which secures its commercial outlets, enhances the value of its production, and supports the growth of its profitable activities.
