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....
Bain Capital Private Equity and BC Partners enter into joint ownership agreement for Fedrigoni
/ Bain Capital Private Equity and BC Partners, leading global private investment firms, have signed an agreement to enter into joint ownership of Fedrigoni. Together with Bain Capital, since 2018 the Fedrigoni Group has carried out an ambitious transformation journey on product portfolio, geographic footprint, go-to-market, operating model, culture, governance, and sustainability. We are thrilled to...