Interim consolidated financial statement of Grigeo AB covering 3 months of 2023
2023年5月26日 - 12:14AM
Interim consolidated financial statement of Grigeo AB covering 3
months of 2023
Over 3 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 54.1 million. It is by EUR 4.2 million more than over
respective period of 2022.
Over the reporting period, the Group earned EUR
9.7 million profit before taxes, which is by EUR 6.8 million more
than in the same period in 2022.
Earnings before interest, taxes, depreciation,
and amortization (EBITDA) of the Group, if compared with 3 months
of 2022, increased by EUR 6.9 million and reached EUR 12.0
million.
Over the reporting period, Grigeo AB
(hereinafter – the Company) sales amounted to EUR 27.7 million,
which is by EUR 8.7 million more than in the same period in
2022.
Over the reporting period, the Company earned
EUR 7.4 million profit before taxes, which is by EUR 6.6 million
more than in the same period in 2022. Significant increase in
Company’s profit before tax is related to the sales of emission
allowances as well as decreased prices of energy resources.
The Company's EBITDA reached EUR 8.4 million
and, if compared with the same period in 2022, increased by EUR 6.6
million.
The following table summarizes 3-month
performance numbers stated in this announcement:
Indicator, EUR million |
Group |
Company |
2023 |
2022 |
Change |
2023 |
2022 |
Change |
Revenue |
54.1 |
49.9 |
8.5% |
27.7 |
18.9 |
46.3% |
EBITDA* |
12.0 |
5.1 |
135% |
8.4 |
1.8 |
369% |
Profit before tax (EBT) |
9.7 |
2.8 |
242% |
7.4 |
0.8 |
841% |
*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 3 months of 2023 (see
attachments).
Tomas Jozonis
Chief Executive Officer
+370 5 243 58 01
- Grigeo 2023Q1 interim report
Grigeo Ab (LSE:0IXQ)
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