Altri, SGPS, S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 24, 2022 at 10:56 am EST
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Altri, SGPS, S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EUR 244.2 million compared to EUR 185 million a year ago. Revenue was EUR 284.1 million compared to EUR 217.5 million a year ago. Net income was EUR 47.7 million compared to EUR 52.2 million a year ago.
For the nine months, sales was EUR 667.8 million compared to EUR 487.8 million a year ago. Revenue was EUR 805.9 million compared to EUR 585.3 million a year ago. Net income was EUR 401.4 million compared to EUR 97 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. 
