Consolidated Financial Report 2022: +41% revenue, +108% EBITDA
Consolidated financial results as of 12/31/22 are available: the numbers confirm that 2022 was also an extraordinary year for Grifal Group.
Grifal Group: 2022 revenues up 42% to 37 million euros
Grifal’s Board of Directors reviewed preliminary consolidated revenues for the year 2022, which have not yet been audited: a period that ended with a value of 37 million euros, up 42 percent from 2021.
Agreement between Grifal Group and José Neves Group to produce innovative cArtù® in Portugal
cArtù® production also lands in Portugal! The agreement between Grifal and José Neves Embalagens is official. An important confirmation of the growth of this innovative, environmentally sustainable, protective and cushioning corrugated board in the green packaging market.
Consolidated revenues: +51% in the first half of 2022. Great market interest in the green production of cArtù®
Approved the Consolidated Financial Report as of June 30, 2022: Not only the record jump in revenues, as of August, orders already accounted for 95% of the Grifal Group’s recorded revenues in the full year 2021.
+51% in the first half of 2022: Grifal’s consolidated pre-consolidated revenues fly
New outstanding result for Grifal: at 18.6 million, consolidated pre-consolidated revenues for the first half of 2022 have already equaled full-year 2019 revenues.
Grifal Group Becomes Enel X Way Partner
The environmentally sustainable packaging of Enel X Way’s JuiceBox and JuicePole home and public-use charging devices will be made of Grifal’s cArtù®. The partnership presented at the IPACK-IMA exhibition, May 3-6 at Fiera Milano Rho.
Consolidated Financial Report 2021: +55% revenue, +121% EBITDA
Grifal Group 2021 financial results are available. Market interest in environmentally sustainable packaging solutions based on cArtù® continues to grow.
Grifal Group’s environmental labeling awarded as “Good Idea” label by CONAI
The recognition on the occasion of the first “CONAI Academy Week – Question of Label” and the “Call For Good Ideas” contest.
Poliend 2000, a manufacturer and converter of polystyrene, plans to increase its business volume by 30 percent through cArtù®
The Grifal Group has reached a major business agreement with Poliend 2000, an EPS manufacturer and converter. A significant development especially in sustainability and market expansion.
Grifal signs binding agreement to acquire Tieng’s operating arm
Tieng, formerly a strategic supplier to Grifal, is an internationally known and respected engineering and manufacturing company of resin and adhesive bonding and packaging automation equipment and machinery.