Interim consolidated financial statement of Grigeo AB covering 12 months of 2023
February 22 2024 - 9:07AM
UK Regulatory
Interim consolidated financial statement of Grigeo AB covering 12
months of 2023
Over 12 months of 2023, Grigeo AB company group
(hereinafter – the Group), consisting of Grigeo AB, Grigeo
Packaging UAB, Grigeo Baltwood UAB, Grigeo Klaipėda AB, Mena Pak
AT, Grigeo Recycling UAB, Grigeo Recycling SIA, Grigeo investicijų
valdymas UAB, Grigeo Tissue UAB and Grigeo Hygiene UAB achieved the
consolidated sales turnover of EUR 195.4 million. It is by EUR 7.9
million less than over respective period of 2022.
Over the reporting period, the Group earned EUR
29.6 million profit before taxes, which is by EUR 18.0 million more
than in the same period in 2022.
Earnings before interest, taxes, depreciation,
and amortization (EBITDA) of the Group, if compared with 12 months
of 2022, increased by EUR 17.6 million and reached EUR 38.9
million.
The following table summarizes 12-month
performance numbers stated in this announcement:
|
Indicator, EUR million |
2023 |
2022 |
Change |
|
Revenue |
195.4 |
203.2 |
(3.9%) |
|
EBITDA* |
38.9 |
21.4 |
82% |
|
Profit before tax (EBT) |
29.6 |
11.7 |
154% |
*Calculations are disclosed in Note 18 of
attached statements.
More details on these changes are presented in
interim management report and unaudited consolidated financial
statements of Grigeo AB covering 12 months of 2023 (see
attachments).
Saulius Martinkevičius
Acting Chief Executive Officer of Grigeo AB, Director of
Procurement and Logistics
+370 5 243 58 01
- Grigeo 2023Q4 interim report
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