Altri, SGPS, S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
March 23, 2023
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Altri, SGPS, S.A. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was EUR 215.9 million compared to EUR 173.8 million a year ago. Revenue was EUR 260.4 million compared to EUR 208.1 million a year ago. Net income was EUR 34.7 million compared to EUR 33.3 million a year ago.
For the full year, sales was EUR 883.8 million compared to EUR 661.6 million a year ago. Revenue was EUR 1,066.2 million compared to EUR 793.4 million a year ago. Net income was EUR 152.1 million compared to EUR 123.7 million a year ago.
Altri, SGPS, S.A. is a holding company primarily organized around 3 areas of activity:
- paper pulp production: 1,061 Kt produced in 2023. At the end of 2023, the group had 3 production sites located in Portugal;
- logging;
- electricity production from renewable energies.