BIO-UV Group has reported a 31% increase in revenues from its maritime business segment, contributing to full-year consolidated revenues of €51.5m for the 2022 financial year.
The Euronext Paris listed company, a specialist in water treatment and disinfection using UV, ozone, salt electrolysis and AOP, confirmed the sale of more than 200 BIO-SEA ballast water treatment systems throughout the course of the year, with potential sales going into the 2023/2024 period remaining high.
Benoît Gillmann, Founder, Chairman and CEO of BIO-UV Group commented: “2022 was another year of very strong growth for BIO-UV Group, for both the Land and Marine divisions.
“The BIO-UV Group is holding its course for strong growth despite rough seas thanks to the dedication and efficiency of its staff.
“Ultimately, targets were exceeded with €1.5 million more in sales than the €50 million we had anticipated. This is well above the roadmap figure announced in 2018 at the time of the IPO.”
Mr. Gillman furthered: “Everyone in the team is intent on continuing to grow the company, both organically and externally, and preparing the next stages of development. More than ever, we intend to focus on our strategic areas: recreation, wastewater recovery (“REUSE”), maritime, aquaculture and industry.”
BIO-UV Group manufactures, delivers and services BIO-SEA ballast water treatment units for flow rates ranging from 13m3/h up to 2100m3/h. The company offers complete turnkey BWTS services with installations on containerships, bulk carriers, multi-cargo vessels, cruiseships, passenger ferries, offshore vessels, naval ships and mega-yachts.
BIO-UV Group company founder, chairman and CEO Benoît Gillmann
About BIO-UV Group
For more than 20 years, BIO-UV Group has been designing, manufacturing and servicing ultraviolet light (UV-C), ozone, AOP and salt electrolysis water treatment systems for a multitude of industrial, residential and municipal applications. In 2011, it added the treatment of ships’ ballast water to its range. The company’s product range is designed and produced at its own purpose-built facilities across France and the UK, allowing the company to quickly respond to its customer’s specific requirements.
A public-listed company since July 2018, BIO-UV Group has a consolidated turnover of €44.3 million and a current workforce of 150 employees. More than 50% of the group’s sales are made in export markets with more than 30% in the ballast water treatment market.