Altri, SGPS, S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 28, 2022 at 04:10 pm EDT
Share
Altri, SGPS, S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was EUR 223.7 million compared to EUR 167.3 million a year ago. Revenue was EUR 272.5 million compared to EUR 197.8 million a year ago. Net income was EUR 311.3 million compared to EUR 31.5 million a year ago.
For the six months, sales was EUR 423.6 million compared to EUR 302.8 million a year ago. Revenue was EUR 521.7 million compared to EUR 367.8 million a year ago. Net income was EUR 353.7 million compared to EUR 44.7 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.
ALTRI, SGPS, S.A. 
