Pyhäntä / FI. (foy) Finland’s Fodelia Oyj Group announced its unaudited results for the first half 2023.
Summary for January to June 2023
- Net sales in the period under review increased by 24.8 percent and amounted to EUR 24,259 thousand (EUR 19,432 thousand).
- Ebitda for the period was EUR 1,948 thousand (1,276 thousand) or 8.0 percent of net sales (6.6 percent).
- Ebita for the period was EUR 1,214 thousand (615 thousand) or 5.0 percent of net sales (3.2 percent).
- Ebit for the period was EUR 993 thousand (455 thousand) or 4.1 percent of net sales (2.3 percent).
Summary for April to June 2023
- Net sales for the period grew by 21.4 percent, amounting to EUR 12,526 thousand (10,319 thousand).
- Ebitda for the period was EUR 1,026 thousand (765 thousand) or 8.2 percent of net sales (7.4 percent).
- Ebita for the period was EUR 641 thousand (430 thousand) or 5.1 percent of net sales (4.2 percent).
- Ebit for the period was EUR 530 thousand (350 thousand) or 4.2 percent of net sales (3.4 percent).
Outlook for 2023
The company’s management maintains the outlook and estimates the Group’s net sales in 2023 to be approximately EUR 45-52 million. Operating profit margin is estimated to increase from the previous year. The effects of the war in Ukraine on the price and availability of materials and prices in general.
