ALUMIL declares the key financial data of the first six months of 2022, in comparison with the corresponding period in 2021.

THE GROUP

The Company’s turnover recorded an increase of 46.5% and it was set at €205.9 million versus €140.5 million in comparison with the first six months of 2021. The gross profit was set at €60.0 million versus €38.6 million in the corresponding period last year, increased by 55.6%. The operating profits before tax, interests, depreciation, and amortization (EBITDA) were set at €39.8 million versus €19.5 million in comparison with the first six months of 2021, increased by 103.5%. During the first half of 2022, the Group showed profits before tax of €30.4 million versus profits of €11.0 million in the corresponding period last year, increased by 175.9%. Respectively, there are also profits in the results after tax amounting to €25.3 million versus €9.1 million in the corresponding period last year, increased by 178.3%.

THE COMPANY

The Company’s turnover recorded an increase of 56.2% and it was set at €141.2 million versus €90.4 million in comparison with the first six months of 2021. The gross profit amounted to €29.2 million against €17.5 million in the corresponding last year period, increased by 66.5%. The operating profits before tax, interests, depreciation, and amortization (EBITDA) were set at €23.6 million versus €9.4 million in comparison with the first six months of 2021, increased by 150.3%. In the first half of 2022, profits before tax amounted to €18.6 million against €5.5 million in the corresponding last year period, increased by 238.1%. Respectively, there are also profits in the results after tax amounting to €14.7 million versus €4.3 million in the corresponding period last year, increased by 241.9%.

Commenting on the Financial Results, the Chairman and Chief Executive, Georgios Mylonas, stated:

"The results of the first semester confirmed ALUMIL's ability to succeed, even under adverse economic conditions. ALUMIL recognized in time the ripple effect of the unprecedented energy crisis and the intense inflationary pressures. And not only did it remain unscathed, but also it recorded even more impressive performance, achieving new all-time highs in turnover, EBITDA, and profitability. Yet, we do not rest in our laurels. On the contrary, we are planning a transition to even higher economic figures, in complete identification and with the ambitious environmental goals we have set.”