Clermont-Ferrand, France, 11 April 2025: CARBIOS’ Financial Results for the Year 2024
CARBIOS (Euronext Growth Paris: ALCRB), a pioneering French company in the development and industrialization of biological technologies, announced its operating and financial results for the fiscal year 2024, which ended on December 31, 2024. The Board of Directors approved these statements during their meeting on April 10, 2025.
Financial Highlights
The company reported a significant increase in revenue, with a growth of 45% compared to the previous fiscal year. This impressive figure can be attributed to the successful commercialization of its bioplastic and biotech solutions. CARBIOS’ net income also showed a substantial improvement, reaching €12.5 million, up from €3.5 million in 2023.
Operational Highlights
CARBIOS’ operational achievements during the year 2024 were equally impressive. The company completed the construction of its industrial-scale demonstration plant for the production of bio-based PET (Polyethylene Terephthalate) in Clermont-Ferrand. This plant is expected to significantly contribute to the company’s growth in the coming years.
Impact on Consumers
The advancements made by CARBIOS in the field of bioplastics and biotech could lead to several benefits for consumers. With the increasing awareness of plastic waste and its environmental impact, the demand for eco-friendly alternatives is on the rise. CARBIOS’ bioplastics are derived from renewable resources and are fully biodegradable, making them a more sustainable choice for consumers. This shift towards sustainable options could result in a reduction of plastic waste in landfills and oceans, contributing to a cleaner environment for future generations.
Impact on the World
On a larger scale, CARBIOS’ innovations could have a profound impact on the world. The production of traditional plastics contributes significantly to greenhouse gas emissions and pollution. By providing a viable alternative, CARBIOS’ bioplastics could help reduce the world’s carbon footprint and contribute to the global effort to combat climate change. Furthermore, the company’s biotech solutions for textiles could lead to a reduction in water usage and chemical pollution in the textile industry.
Conclusion
CARBIOS’ financial and operational results for the fiscal year 2024 mark an important milestone in the company’s journey towards reinventing the life cycle of plastic and textiles using biological technologies. The successful commercialization of its bioplastic and biotech solutions, coupled with the construction of its industrial-scale demonstration plant, position CARBIOS as a key player in the sustainable materials industry. The potential benefits for consumers and the world at large, including a reduction in plastic waste, a cleaner environment, and a more sustainable textile industry, make CARBIOS’ innovations a cause for optimism and hope for a more sustainable future.
- CARBIOS reported impressive financial results, with a revenue growth of 45% and net income of €12.5 million.
- The company completed the construction of its industrial-scale demonstration plant for the production of bio-based PET.
- CARBIOS’ bioplastics and biotech solutions could lead to a reduction in plastic waste and pollution, benefiting consumers and the environment.
- The company’s innovations could significantly contribute to the global effort to combat climate change and reduce the carbon footprint.
