2023-11-07 17:29:41
Published on Nov 7, 2023 at 6:29 p.m.
We met the director of Osmosun, Quentin Ragetly, who described to us the prospects of this company of 30 people which designs, assembles and markets seawater desalination units using all or part of solar energy. Of 65 projects developed in more than 20 countries, 57 are already in operation. This makes it possible to make drinking water accessible when the water table is at saturation due to population growth, or when the population is very dispersed and can only be supplied at great expense and by polluting, by boats or trucks. Osmosun is thus active in Namibia, Africa, Australia, Indonesia, the Philippines, Polynesia, New Caledonia… In Morocco, the activity is deployed 50/50 with a local partner. For the first time, Osmosun will operate the sites sold there.
The Chartres factory is sized to achieve a turnover of 20 to 25 million euros. It will be 4 million this year, with a slightly negative gross operating surplus (Ebitda). The break-even point is not far away, around 4.5 to 5 million. The objective is 20 million in 2025 with an Ebitda margin of more than 10%.
Current project in Cape Verde
The projects vary greatly in size, with production from 1 to 50,000 cubic meters per day. Small projects, up to 500 cubic meters, can be worth 100 to 200,000 euros. The current project in Cape Verde amounts to 1.5 million euros (6 million including the development of the site).
Quentin Ragetly also explained to us that Veolia and Suez are not competitors because they have focused for four to five years on large capacity projects. In its niche, Osmosun intends to make acquisitions, with an equity budget equal to 35% of the 10.7 million euros raised on the stock market.
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#Osmosun #lowcarbon #drinking #water
