The consolidated turnover contracted slightly by 5% compared to 2022 reaching RON 672 million, while the gross margin increased by 10%.
Consolidated EBITDA margin was at 7.6%, while for the Installations segment stood at above 10%.
Improvements in the activity during the last quarter of 2023 led to a 52% increase in quarterly EBITDA compared to the same quarter of the previous year.
The consolidation of the newly acquired businesses will generate around 15% of the turnover and EBITDA of the Group in 2024.
The corporate governance is consistent with the law and aims to ensure transparency of the activities of TeraPlast so that all shareholders and potential investors have equal access to information about the company.
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