During the year of 2018, Altri’s total revenues reached Euro 784.8 million, which represents an increase of 18% when compared to 2017, as the company said in the press release received by Lesprom Network.
EBITDA in 2018 reached Euro 292.7 million, an increase of 53% over EBITDA recorded in the previous year, achieving an EBITDA margin of 37.3%.
EBIT recorded during the year was Euro 232.5 million, which represents an increase of approximately 69% when compared to the previous year. Altri’s net profit reached Euro 194.5 million.
In 2018, total costs, excluding amortization, financial costs and taxes, amounted to Euro 492.1 million, which represents a 3.7% increase when compared to the previous year. It is important to underline that, likewise 2017, in the year under analysis, biological assets were valued at their fair value, which caused an increase of Euro 3.3 million in the assets’ value.
Altri is a European reference eucalyptus pulp producer.
