Paulig’s result in 2022: Revenue exceeded EUR 1.1 billion, but profitability declined in an exceptional year
In 2022, Paulig’s revenue grew by 14 per cent and exceeded EUR 1 billion for the first time ever. This revenue growth was driven by price increases and the acquisition of Liven, an innovative Spanish-based snacks company. However, the global increase in the cost of raw materials, energy, transportation and other costs – further accelerated by the war in Ukraine – resulted in weakened operative profitability. Comparable operating profit was EUR 44.2 million compared to EUR 95.3 million in 2021. The biggest factor affecting the decline in comparable operating profit was the