Interim consolidated financial statement of Grigeo Group AB covering 9 months of 2024
November 20 2024 - 12:00PM
UK Regulatory
Interim consolidated financial statement of Grigeo Group AB
covering 9 months of 2024
Over 9 months of 2024, Grigeo Group AB company
group (hereinafter – the Group), consisting of Grigeo Group AB,
Grigeo Packaging UAB, Grigeo Baltwood UAB, Grigeo Klaipėda AB, Mena
Pak AT, Grigeo Recycling UAB, Grigeo Recycling SIA, Grigeo Paper
Packaging UAB, Grigeo Tissue UAB, Grigeo Hygiene UAB, Grigeo Tissue
sp. z o.o and Energia Cieplna Niedomice sp. z o.o achieved the
consolidated sales turnover of EUR 158.2 million. It is by EUR 8.7
million more than over respective period of 2023.
Over the reporting period, the Group earned EUR
16.7 million profit before taxes, which is by EUR 7.4 million less
than in the same period in 2023.
Earnings before interest, taxes, depreciation,
and amortization (EBITDA) of the Group, if compared with 9 months
of 2023, decreased by EUR 7.4 million and reached EUR 23.7
million.
The following table summarizes 9-month
performance numbers stated in this announcement:
|
Indicator, EUR million |
2024 |
2023 |
Change |
|
Revenue |
158.2 |
149.4 |
6% |
|
EBITDA* |
23.7 |
31.1 |
(24%) |
|
Profit before tax (EBT) |
16.7 |
24.1 |
(31%) |
*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 Group AB covering 9 months of 2024 (see
attachments).
Tomas Jozonis
Chief Executive Officer
+370 5 243 58 01
Grigeo Ab (LSE:0IXQ)
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