Altri’s profits grow to 69.6 million euros in the first half of the year

Production volume, turnover and rising international market prices have resulted in Altri’s total revenue – which includes income other than that from fibres – reaching 521.7 million euros in the first half of 2022, which represents a year-on-year growth of 41.8%. The net result from the Altri Group’s continuing operations stood at around 69.6 million […]

Production volume, turnover and rising international market prices have resulted in Altri’s total revenue – which includes income other than that from fibres – reaching 521.7 million euros in the first half of 2022, which represents a year-on-year growth of 41.8%.

The net result from the Altri Group’s continuing operations stood at around 69.6 million euros in the first six months of 2022, up by 56.9% on the same period the previous year. The market environment is favourable in terms of cellulose fibre prices which was limited by the inflationary environment of various variable costs which was reflected in the margin performance.

The sales volume stood at around 589 thousand tons, a 1.1% drop on the first six months of last year, with external markets absorbing 504.8 tons, 86% of the total.