EBITDA Improvement
EBITDA improved by 125% year-on-year, with underlying EBITDA from group core operations increasing by EUR 8.3 million to EUR 16.8 million, representing a 12.3% margin.
Sales Volume Growth
Accoya demand was solid with volumes growing 13% globally; North America saw a 16% increase, and the U.K. and Ireland experienced a 27% growth.
Successful International Expansion
The commissioning of Accoya USA was a significant milestone, marking the company's first international expansion.
Financial Stability and Leverage Reduction
Leverage ratio improved from 4.4x to 2.5x, and cash flow improved to EUR 8.8 million from EUR 3.7 million last year.
Operational Cost Savings
EUR 4.6 million in operational cost savings were realized, exceeding the target of EUR 3 million.
Accoya Color Growth
Accoya Color sales volumes grew by 34% year-on-year.