Elopak Q1 Report 2023

  • Record high quarterly revenues and adjusted EBITDA
  • Revenues increased by 26%, to EUR 283.4 million, driven by growth in EMEA and Americas
  • Organic growth was 16% adjusted for currency translation effects of EUR 3 million and new revenue from acquired businesses of EUR 18 million
  • Strong, profitable growth from acquired business in India
  • Adjusted EBITDA was EUR 41.0 million, an improvement of EUR 16.0 million
  • Strong cash flow generation, leverage ratio reduced to 2.7x

Compared to the same quarter last year, Elopak reported revenue growth of 26% – or EUR 57.6 million – in Q1 2023. Adjusted for acquisitions and currency translation effects, the organic revenue growth was 16%. Adjusted EBITDA for the Group in Q1 grew by EUR 16.0 million to EUR 41.0 million, reflecting a 14.5% margin.

Free Trial

Step 1 of 2

Name(Required)

By pressing “Send” you agree to the Privacy Policy of this site

No Credit Card needed, after filling up the form you will receive your Free-Trial login information in 24 to 48 hours by e-mail.

ImprintPrivacy Policy

All Rights Reserved © aicorite.com