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COMMENTING ON FINANCIAL RESULTS - FIRST SIX MONTHS OF 2023

ALUMIL, ALUMINIUM INDUSTRY SA, declares the key financial data of the first six months of 2023 which ended on 30 June 2023.

THE GROUP

The Company’s turnover amounted to €196,6 million in the first six months of 2023, decreased by 4,5% in comparison to €205,09 million in the first six months of 2022. The gross profit was set at €46,1 million versus €60 million in the corresponding period last year, decreased by 23,1%.

The Group showed profits before tax of €5 million versus profits of €30,4 million in the corresponding period last year, decreased by 83,6%.

Profits after tax amounted to €2,9 million versus €25,3 million in the first six months of 2022, decreased by 88,4%.

The operating profits before tax, interests, depreciation, and amortization (EBITDA) were set at €17,3 million versus €39,8 million in comparison with the first six months of 2022, decreased by 56,5%.

 

THE COMPANY

The Company’s turnover was set at €127,3 million versus €141,2 million in the corresponding period of 2022, decreasing by 9,8%.

The gross profit amounted to €17.2 million against €29,2 million in the corresponding last year period, decreased by 41%.

In 2023, profits before tax amounted to €3,6 million against €18,6 million in the corresponding last year period, decreased by 80,7%.

Respectively, profits after tax amounted to €2,7 million versus €14,7 million in the corresponding period last year, decreased by 81,4%.

The operating profits before tax, interests, depreciation, and amortization (EBITDA) were set at €7,7 million versus €23,6 million in comparison with the first six months of 2022, decreased by 67,4%.

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