Altri's total revenues reached to Euro 205 million, an increase around 24% over the recorded value in the same quarter of 2017 and a growth of about 18% when compared with the 1Q of the current year.

Wood Pulp

Altri's 2Q revenues increased by 24% to Euro 205 million

Altri's total revenues reached to Euro 205 million, an increase around 24% over the recorded value in the same quarter of 2017 and a growth of about 18% when compared with the 1Q of the current year, as the company says in the press release received by Lesprom Network.

EBITDA for the 2Q 2018 achieved approximately 72.7 million Euro, which is an increase of about 54% over the EBITDA recorded in the same period of 2017. Regarding the 1Q 2018, EBITDA recorded a growth of approximately 15%.

Altri’s 2Q 2018 consolidated net profit reached around Euro 41 million, which corresponds to an increase of about 69% over the same period of 2017 and an increase around 26% over the 1Q of the year.

During the first half of 2018, total revenues reached around Euro 378.4 million, an increase of 16% over the first half of 2017. EBITDA, on the other hand, amounted to Euro 136 million (+55%), while EBITDA margin was 35.9%. The net profit of this period recorded an increase of approximately 78% over the same period of the previous year, having reached Euro 73.8 million.

Altri is a European reference eucalyptus pulp producer.