Hempel Reports 2022 Financial Results

Hempel has published its 2022 financial results. The company delivered organic revenue growth of 12.7% in 2022, and revenue of €2,159 million. Compared to 2021, this represents an increase of €415 million, driven by increased sales prices and acquisitions. The company reports its 2023 outlook is mid to high single-digit organic revenue growth and an increasing EBITDA margin, leading to an EBITDA in the range of €260-290 million.