Ekopak Full-Year Report 2023
- Strong growth across strategic priorities and significant interest in our offering
- A new production plant in the US will be built to meet increased market demand
- 2023 marks the achievement of all 3-5 year targets set in the 2021 IPO
- Improved our adj. profit attributable to Elopak shareholders by 55%
- Improved our adj. EBITDA by 43%
- Revenue at 287 EURm 7% YoY growth 8% organic
- Adjusted EBITDA of 40 EURm 4 EURm YoY growth 13.9% margin
- Strong cash flow generation. Leverage ratio reduced to 1.9x
- 2023 was a year of significant progress and achievements for Elopak; delivering on all original IPO targets
- In Q4, we continued to improve our business further and delivered strong growth and solid profitability
