Fedrigoni Group Financial Results 2021 and Q1 2022
Our financial results from the past 12 monthsperformed beyond any expectations: from March 2021 to March 2022 over €1.7 billion in revenue(+9.8%), €250 million of Adjusted EBITDA(+16.4%) and €258.7 million of Adjusted Proforma EBITDA. The positive trend can be seen also for both business units: a 22% increase in Luxury Packaging & Creative Solutions, and a 20.7% increase in Self-Adhesive Materials & Premium Labels.
A steady growth, confirmed also by the numbers achieved in 2021 compared to 2022, with a turnover of +21.9% and an EBITDA of +29%. The business strategy that has been implemented over the last 3 years is therefore proven successful, leading the Group to become the first operator in the world in wine labels and special papers for luxury packaging and the third in self-adhesive materials.
For Fedrigoni, the challenge continues and we will keep on pursuing the our key pillars that have enabled us to achieve these impressive financial results: having a sustainability roadmap at the core of our strategy, an increasingly distinctive range of premium offer, effective and exclusive relations with each one of our customers, excellence in supply chain, the creation of an inclusive and people-oriented environment, and acquisitions aimed at geographic expansion and diversification of the offering.