Financial & ESG Results 2023 + Q1 2024
/ In 2023 despite market volatility and a slight decline in revenues (€1.8 billion in pro forma sales, down 11% from the €2 billion in 2022), Fedrigoni Group has proved remarkable resilience and growth. Our proforma EBITDA reached 338 million euro, marking a substantial 8% increase compared to the previous year. One of the key highlights...
Financial Results H1 2023: The Group’s Numbers and Progress
/ The first half of 2023 closed with €971.0 million in revenue, a decrease of 9.9% compared to the same period in 2022, and €150.9 million in EBITDA (-9.2% from 2022). However, the EBITDA Margin (15.5%) remains in line with the previous year, and the performance is significantly above the industry average. Except for 2022, which...
Ecovadis score 2023 -Platinum medal again!
/ In 2023, EcoVadis re-evaluated our performance. Once again we attained the Platinum medal, with a global score, such as the Environmental and the Labor & Human Rights scores, at an outstanding level. The most significant step forward was to become the Leader in the Carbon category, awarded as a company with the best in class...
2022 Financial and ESG Results + Q1 2023: our numbers and progresses
/ We closed 2022 with 2.21 billion euros in revenue, against 1.6 in 2021 (+37%), distributed among Italy (504 million, +44%), the rest of Europe (1,054 million, +36%) and the rest of the world (653 million, +31%), with €340 million Proforma EBITDA (+54% compared to 2021) and investments of over 80 million euros (more than 60...
Excellent results of the first-half 2022 for Fedrigoni Group, confirming a constant growth trend in every business area
/ Numbers keep growing strongly for Fedrigoni from June 2021 to June 2022: Adjusted Revenues of 1.968 billion euros (+33% vs. June 2021), Pro Forma Adjusted Ebitda of 317.5 million euros (+46% vs. June 2021). The numbers are also extremely positive for the first half of 2022 (January-June): a turnover of 1.077 billion euros (+43% vs....