Altri’s profits up almost 30% to €117.4M in nine months

  • Ana Marcela
  • 24 November 2022

Total revenues were €805.9 million, a growth of 37.7% compared to the first nine months of 2021.

Altri’s profits rose 29.9% to €117.4 million in the first nine months of 2022, with the group highlighting “greater efficiency” helping to deliver these results, according to a statement released on Thursday.

“The Altri group’s financial performance was influenced by production volume and sales, but also prices. Total revenues were €805.9 million, a growth of 37.7% compared to the first nine months of 2021,” it said in the same statement.

EBITDA (earnings before interest, tax, depreciation and amortisation) “was €223.4 million in the nine months, up 25.4% year-on-year,” the group said.