Hoffmann Green Cement Technologies sold and delivered almost 40,000t of clinker-free cement in the 1H26, an increase of 104 per cent YoY and nearly five times its 1H24 volume.
Revenue rose 86.7 per cent to EUR6.6m (US$7.7m). However, negative EBITDA widened slightly to EUR5.96m from EUR5.65m, while the net loss increased to EUR9.18m from EUR8.40m.
Purchases consumed rose by 13.1 per cent to EUR3.83m despite the doubling of production. Hoffmann Green attributed this to economies of scale and supplier negotiations, which it said generated EUR2.9m in raw material savings. External expenses increased to EUR7.30m, reflecting international certification expenditure and higher transport costs.
Cash and cash equivalents declined from EUR6.34m at the end of 2025 to EUR5.06m on 30 June 2026. Inventories increased from EUR2.9m to EUR6.3m as the company prepared for higher second-half sales.
Hoffmann Green maintained its target of producing 100,000t in 2026 and reaching operational break-even by the end of 2027, subject to volume growth. It expects full-year raw material savings of EUR7.5m.
The company is targeting approximately 1Mta of production and EUR150m in revenue by 2030, supported by three French plants and five additional international licensing agreements. Construction of its proposed H3 plant in the Rhône-Alpes region is scheduled for 2027-28.
