Despite the global challenges, the Alumil Group continued its growth path in the first nine months of 2024.

According to the company's announcement, the significant increase of 55.5% in operating profit (EBITDA), which amounted to €40.9 million, is noteworthy, confirming the group's increased profitability. The Company's operating profit (EBITDA) increased impressively The increase was 61.9%, totaling €19.1 million, compared to €11.8 million during the same period last year.

Statement of the Chairman and CEO, Mr. Georgios Mylonas:

"The nine months to 2024 highlight Aluminium as a leader in the industry, confirming our commitment to continuous innovation, digital transformation and the provision of high-quality aluminium systems. By strategically investing in cutting-edge technologies, such as the integration of artificial intelligence in our production lines and the operation of our new robotic warehouse and automated packaging lines, we are enhancing productivity and reducing our environmental footprint. Our strategic growth is focused on strengthening our presence in international markets through the implementation of flagship projects. With new projects already underway, we continue to invest in strengthening our international competitive presence as the most reliable partner for our customers and a leader in our industry."

The Group recorded an increase in turnover of 13.7%, reaching €332.0 million for the period ended 30 September 2024, compared to €291.9 million in the corresponding period of 2023.

• Gross profit amounted to €91.2 million, an increase of 31.8% compared to €69.2 million in 2023.
• Profit before tax increased by 145.3%, reaching €21.1 million, while net profit after tax increased by 173.4%, reaching EUR 17.5 million.
• Operating profit (EBITDA) recorded an impressive 55.5% increase, reaching €40.9 million, confirming the group's effective investment strategy and increased profitability.
• The company recorded an increase in turnover of 5.4%, reaching €190.9 million compared to €181.2 million in 2023.
• Gross profit amounted to €34.7 million, up 35.5% from €25.6 million in 2023, highlighting an efficient pricing policy and innovative production processes.
• Profit before tax increased by 70.7% to €7.0 million, while net profit after tax rose by 80.6% to €5.6 million.
• The company's operating profit (EBITDA) increased by 61.9%, reaching €19.1 million compared to €11.8 million in the same period last year.