During the financial year 2021, the Company and the Group managed to record a rapid increase in operating profitability, EBITDA and sales volume, compared to 2020.

Specifically:
GROUP
The Group’s turnover recorded an increase of 30.7% and was set at €315.2 million versus €241.1 million compared to 2020.
The gross profit was set at €89.3 million versus € 60.2 million of the corresponding period last year, increased by 48.3%.
The adjusted operating earnings before interest, taxes, depreciation and amortisation (Adjusted EBITDA) were set at €53.3 million compared to €29 million in 2020, increased by 80.1%.
In 2021, the Group presented profits before tax of €28.1 million against profits of €11.0 million of the corresponding period last year, improved by 154.9%.
Similarly, the results after tax also show profits of €20.3 million against profits of €9.3 million of the corresponding period last year, improved by 119.1%.
The operating earnings before interest, taxes, depreciation and amortisation (EBITDA) were set at €45.2 million compared to €25.0 million in 2020, increased by 80.9%.

COMPANY
The Company's turnover recorded an increase of 29.7% and was set at €200.7 million versus €154.7 million. compared to 2020. The gross profit was set at €42.1 million versus €23.4 million of the corresponding period last year, increased by 79.6%. The adjusted operating earnings before interest, taxes, depreciation and amortisation (Adjusted EBITDA) were set at €29.2 million compared to €12.7 million in 2020, increased by 130%. In 2021, the Company presented profits before tax of €16.3 million versus €5.3 million of the corresponding period last year, improved by 206.7%.
Similarly, the results after tax also show profits of €11.3 million against profits of €5.1 million of the corresponding period last year, improved by 120.4%. The operating earnings before interest, taxes, depreciation and amortisation (EBITDA) were set at €21.5 million compared to €10.0 million in 2020, increased by113.8%.

The President and CEO, Georgios Mylonas, stated the following regarding the Financial Results of 2021:
“2021 was a landmark year for ALUMIL. The historically high levels of turnover, EBITDA and profitability, proved ALUMIL's ability to cope with any situation, by having a plan, passion and a lot of work. Having set ambitious environmental goals, we focused on recycled "green" aluminum. We are particularly proud of the fact that ALUMIL currently has one of the largest, most efficient and most modern aluminium casting units in Europe, with an annual production capacity of 65,000 tons of secondary recycled green aluminium. At the same time, in 2021, ALUMIL was rewarded for adopting Sustainable Development policies, since it was selected as one of the first listed companies to join the ESG index of the Athens Stock Exchange. In the first quarter of 2022, the Group's and the Company's results are equally impressive, presenting an even greater increase in sales and profitability, compared to the corresponding quarter of 2021. However, our optimism is bent due to the prevailing liquidity, as the course of the pandemic, the energy crisis and the geopolitical developments in Ukraine are constantly changing, making any quantitative estimates for the 2022 financial results particularly difficult.”

The Financial Statements based on IFRS, as well as the Data and Information for the fiscal year 2021, will be posted on the website of the Company (https://www.alumil.com/) and the Athens Stock Exchange (http://www.helex.gr/), as of Monday 11.04.2022.