The Flexopack group showed a double-digit increase in turnover and a small increase in profits after taxes in the fiscal year 2021.
In particular, the consolidated turnover amounted to 114.181 million euros, compared to 96.953 million euros and the corporate turnover to 93.166 million euros, compared to 82.317 million euros, showing a percentage increase of 17.77% and 13.18% respectively.
Earnings before taxes, financial, investment results and depreciation (EBITDA) amounted to Group level to 18.548 million euros, compared to 20.697 million euros, reduced by 10.38% and to corporate level to 13.912 million euros to 17.496 million euros , showing a decrease of 20.48%.
Earnings before tax (EBT) amounted to 12.818 million euros for the Group, compared to 13.595 million euros reduced by 5.72% and for the Company to 9.099 million euros against 12.280 million euros, reduced by 25.90%.
Profit after tax (EAT) amounted to 10.407 million euros for the Group, compared to 10.378 million euros, increased by 0.28% and for the Company to 7.2286 million euros, compared to 9.385 million euros, reduced by 22, 37%.
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.