Interim consolidated financial statement of Grigeo AB covering 9 months of 2023
23 November 2023 - 5:09PM
Interim consolidated financial statement of Grigeo AB covering 9
months of 2023
Over 9 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 and Grigeo
investicijų valdymas UAB achieved the consolidated sales turnover
of EUR 149.4 million. It is by EUR 3.1 million less than over
respective period of 2022.
Over the reporting period, the Group earned EUR
24.1 million profit before taxes, which is by EUR 17.1 million more
than in the same period in 2022.
Earnings before interest, taxes, depreciation,
and amortization (EBITDA) of the Group, if compared with 9 months
of 2022, increased by EUR 17.0 million and reached EUR 31.1
million.
The following table summarizes 9-month
performance numbers stated in this announcement:
Indicator, EUR million |
2023 |
2022 |
Change |
Revenue |
149.4 |
152.5 |
(2.0%) |
EBITDA* |
31.1 |
14.1 |
120% |
Profit before tax (EBT) |
24.1 |
7.0 |
245% |
*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 9 months of 2023 (see
attachments).
Tomas Jozonis
Chief Executive Officer
+370 5 243 58 01
- Grigeo 2023Q3 interim report
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