(Finance) – Grifala company listed on Euronext Growth Milan and active in the industrial packaging market, closed the first half of 2023 with consolidated revenues equal to 19.4 million euros (+4.5% vs 30 June 2022). L’EBITDA reached 2.7 million euros, up 37%, with an EBITDA Margin of 13.8% (vs 10.5% at 30 June 2022). The Net income consolidated stands at 570,036 euros, also up compared to 121,202 euros on 30 June 2022.
“In this first semester the company growth both in terms of revenues and margins confirms the validity of our model of business based on innovation and sustainability, even in a difficult economic phase for the industrial sector – commented theCEO Fabio Gritti -In recent months a great reorganization effort has been made to improve the engineering and production area of the corrugators with the inclusion of a dedicated General Manager. Great commitment has been made to complete the new cArtù production area where the start-up of the production lines is underway and will be completed within the year.”