BEWI – Results for the fourth quarter of 2021
BEWI, a leading provider of packaging, components, and insulation solutions, today reported its results for the fourth quarter of 2021. BEWI recorded net sales of 208.2 million euro for the fourth quarter of 2021, compared to 130.2 million euro for the same quarter last year, corresponding to an increase of 60 per cent, of which 43 percentage points are organic growth driven by higher volumes and sales prices following strong demand. Adjusted EBITDA came in at 26.4 million euro for the quarter, up from EUR 16.4 million for the fourth quarter last year. The company’s upstream segment, RAW,