The Greek Deal.com
Net profit increased by 7% to €15,101 million in 2023 | TheGreekDeal.com
Flexopack
Net profit increased by 7% to €15,101 million in 2023
Flexopack announced its financial results for 2023, with Net profit increasing by 7% to €15,101 million in 2023.
TIME TO READ
1 min
Spyros Gkinosatis Deputy CEO, Flexopack

The financial performance and results of both the company and the group during the full year 2023 compared with the previous full year 2022 are the following:

a) The consolidated group turnover amounted to 153.090 million euros compared to 151.012 million euros of the previous year, and the company turnover amounted to 112.521 million euros compared to 120.395 million euros of the previous year, resulting in a percentage increase of 1.37% and a percentage decrease of 6.55%, respectively.

b) The earnings before interest, taxes, depreciation, and amortization (EBITDA) amounted to 25.773 million euros at the group level, compared to 27.089 million euros in the previous year, which decreased by 4.86%, and to 16.822 million euros at the company level, compared to 18.612 million euros in the previous year, resulting in a percentage decrease of 9.62%.

c) The earnings before taxes (EBT) for the group amounted to 19.057 million euros compared to 18.899 million euros of the previous year, an increase of 0.83%, and 10.795 million euros at the company level compared to 11.745 million euros of the previous year, resulting in a percentage decrease of 8.09%.

d) The earnings after taxes (EAT) for the group amounted to 15.101 million euros compared to 14.102 million euros of the previous year, an increase of 7.08%, and 8.297 million euros at the company level compared to 9.175 million euros of the previous year, resulting in a percentage decrease of 9.57%.

READ ALSO