Microalgae specialist Fermentalg has announced third-quarter 2023 sales of €1 million, stable year-on-year and up 19% on the second quarter.

Cumulative sales to end September, at €3.3 million, were down 47% on the previous year, which had been marked in the first half of 2022 by an exceptional level of opportunity orders.

To get back on a sustainable growth track, we are fundamentally reviewing our sales organization and approach in order to maintain significant volumes with major players in the Omega 3 industry", says CEO Pierre Josselin.

Copyright (c) 2023 CercleFinance.com. All rights reserved.