BEWI – Results for the first quarter of 2023
Strong performance provides robust results and a doubling of synergy estimate BEWI, a leading provider of packaging, components, and insulation solutions, today reported its results for the first quarter of 2023. The company recorded net sales of 296.4 million euro for the quarter, up by 29 per cent compared to the 230.2 million euro for the same quarter of 2022, with an adjusted EBITDA of 28.2 million, compared to 34.4 million last year. Further, the company reports a doubling of its estimate for synergies from the Jackon transaction from 15 to 30 million euro. “We are very pleased