Another positive result has been reached! Our Group just closed the Q3 confirming a solid growth trend. In particular, our Premium Papers served the major luxury brands to transit from plastic to paper and we are day by day more enthusiastic to walk this evolution together.
We ended Q3 with a turnover of 1,155 million euros (+18.5% vs. Q3 2020) and a Pro-forma Adjusted Ebitda of 170.5 million euros (+12.5% vs. Q3 2020). An outstanding result that characterized both divisions: +17% for Self-Adhesives/Luxury Labels and +23% for Premium Paper, due to the great performance of the specialty papers for luxury packaging.
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Fedrigoni Group releases Q3 2021 Results
Our Group has achieved excellent performances in the first nine months of 2021 in both business units, thanks to a policy of geographical expansion and offer differentiation, also through targeted acquisitions.