During the financial year of 2022, the Company and the Group managed to record a rapid increase in operating profitability, EBITDA, and sales volume, compared to 2021.

Specifically:

GROUP

• The Group’s turnover recorded an increase of 27,7% and was set at €402,5 million versus €315,2 million compared to 2021.
• The gross profit was set at €104,9 million versus €89,3 million in the corresponding period last year, which increased by 17.5 %.
• The Group presented profits before tax of €34,6 million against profits of €28.1 million of the corresponding period last year, improved by 23,4%.
• Similarly, the results after tax also show profits of €27,7 million against profits of €20,3 million of the corresponding period last year, improved by 36,3%.
• The operating earnings before interest, taxes, depreciation, and amortization (EBITDA) were set at €56,5 million compared to €45.2 million in 2021, which increased by 25,0%.

COMPANY

• The Company's turnover recorded an increase of 28,9% and was set at €258,7 million versus €200,7 million compared to 2021.
• The gross profit was set at €47 million versus €42.1 million in the corresponding period last year, which increased by 11,8%.
• The Company presented profits before tax of €19,6 million versus €16.3 million of the corresponding period last year, improved by 20,5%.
• Similarly, the results after tax also show profits of €15,6 million against profits of €11,3 million of the corresponding period last year, improved by 38,7%.
• The operating earnings before interest, taxes, depreciation, and amortization (EBITDA) were set at €30,4 million compared to €21.5 million in 2021, which increased by 41,4%.

The President and CEO, Georgios Mylonas, stated the following regarding the Financial Results:

“2022 was an exceptional year for Alumil. Despite adverse conditions, the company recorded the best results in its history, achieving unprecedented increases in profits and turnover, in a difficult economic environment marked by the impact of the pandemic, the war in Ukraine, the international energy crisis, and unprecedented inflation. The impressive results of 2022 justify the operational planning that we have consistently followed in recent years and allow us to accelerate the green transformation of Alumil, through the circular economy and the reduction of our energy footprint. For these reasons, we remain optimistic about the future despite the fluid international environment. The strong foundations of Alumil, its strong profitability, and the dedication of its people ensure that it will continue to lead in the coming years.”

The Financial Statements based on IFRS, as well as the Data and Information for the fiscal year 2022, will be posted on the website of the Company (https://www.alumil.com/) and the Athens Stock Exchange (https://www.helex.gr/), as of Thursday 06.04.2023