Flexopack Sa PlasticsATHEX: FLEXO

Performance and Results of the First Semester of 2024

· Issued by Flexopack Sa Plastics

ANONYMOUS COMMERCIAL AND INDUSTRIAL PLASTICS COMPANY

Press Release 26/9/2024

FLEXOPACK S.A.- Performance and Results of the First Semester of 2024

The financial performance and results for both the Company and the Group during the First Semester of 2024, compared to the respective period of the previous year (First Semester of 2023) are summarized below:

  1. Consolidated Group turnover amounted to 76,682 mil. Euros, as compared to 77,280 mil. Euros posting a percentage decrease of 0,77% and Company's turnover to 59,428 mil. Euros as compared to 56,509 mil. Euros, posting a percentage increase of 5,17%.
  2. Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) amounted at Group level to 9,181 mil. Euros as compared to 13,171 mil. Euros, decreased by 30,29% and at Company's level to 8,871 mil. Euros as compared to 7,458 mil. Euros, posting an increase of 18,95%.
  3. Earnings before taxes (EBT) amounted for the Group to 7,383 mil. Euros, as compared to 10,072 mil. Euros decreased by 26,70% and for the Company to 7,412 mil. Euros as compared to 4,570 mil. Euros, increased by 62,19%.
  4. Earnings After Taxes (EAT) amounted for the Group to 5,622 mil. Euros as compared to 8,258 mil. Euros decreased by 31,92% and for the Company to 5,735 mil. Euros as compared to 3,527 mil. Euros, increased by 62,60%.

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