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Greencells GmbH increases consolidated revenue by 42% to EUR 158.9m in 2022; consolidated EBIT significantly raised from EUR 0.2m to EUR 7.9m; revenue growth to over EUR 200m planned in 2023
EQS-News: Greencells GmbH / Key word(s): Annual Results
Greencells GmbH increases consolidated revenue by 42% to EUR 158.9m in 2022; consolidated EBIT significantly raised from EUR 0.2m to EUR 7.9m; revenue growth to over EUR 200m planned in
2023 |
On the earnings side, Greencells achieved a consolidated EBIT of EUR 7.9 million in fiscal year 2022. This represents a significant increase on the previous year's figure of EUR 0.2 million. The EBIT margin rose accordingly from 0.2% to 5.0%. Consolidated result for the year improved significantly from EUR -4.2 million to EUR 4.5 million. For this reason, consolidated equity also increased substantially by 61% from EUR 8.8 million to EUR 14.1 million, equivalent to growth in the consolidated equity ratio from 8.4% to 12.5%.
“We can be very satisfied with the business figures for 2022. In a challenging environment, we successfully held our ground and achieved significant growth in both revenue and earnings. The sustained high industry momentum in our European target markets contributed to this, as did our long-standing business relationships and the outstanding performance of our team,” explains Andreas Hoffmann, CEO of Greencells GmbH.
For fiscal year 2023, Greencells plans to increase consolidated revenue to over EUR 200 million. For around EUR 187 million, projects are already under construction or have been signed. In total, revenue will be spread over more than 20 projects. Additionally, there are a large number of further project opportunities which can be evaluated in a structured process and accepted at short notice in the event of vacancies.