Economic value
generated & distributed

Economic value generated and distributed

2022

DIRECT ECONOMIC VALUE GENERATED (k€) 55

169,588

REVENUE (k€)

169,588

2022

ECONOMIC VALUE DISTRIBUTED (K€)

144,419

OPERATING COSTS (K€)

95,214

EMPLOYEES’ WAGES AND BENEFITS (K€)

44,724

PAYMENTS TO CAPITAL PROVIDERS (K€)

4,157

taxes (K€)

324

RESOURCES FOR THE COMMUNITY (K€)

1

2022

ECONOMIC VALUE RETAINED (K€)

25,169


55. The "K" prefix indicates thousands, here and in the rest of the document.

The profit and loss account shows a positive net profit of EUR 5.2 million (EUR 33.8 million in 2021) and a positive operating profit of EUR 9.7 million (compared with an operating loss of EUR 3.5 million in 2021). EBITDA stands at 17.2% of sales (10.8% in 2021).

202020212022

Net revenue (MM€ 56)

165.6

138.5

167.9

EBITDA (EBIT+ amortizations/subventions) (MM€)

(9,2)

14,9

28,9

Operational result (MM€)

(27,2)

(3,5)

9,7

2022 net results (MM€)

(31.0)
33.7
5.2

56. MM€ is an abbreviation for "million euros", here, and in the rest of the document.

Net revenue has increased by 21% in 2022 compared to 2021, which, together with the economic improvements in 2022, has led to an increase in EBITDA of around €14 million compared to 2021 figures. Finally, the net result for the year is positive by 5.2 million euros.

Net revenue has increased by 21% in 2022 compared to 2021, which, together with the economic improvements in 2022, has led to an increase in EBITDA of around €14 million compared to 2021 figures. Finally, the net result for the year is positive by 5.2 million euros.

The performance of the Brazilian subsidiary Alestis Do Brasil was also positive, having achieved a positive operating result in 2022 in EUR 2.4 million (countervalue of 13.3 million Brazilian reais). In 2022, the evolution of the Brazilian currency with respect to the EUR and the USD led to a positive net result of 3.1 million euros. The positive evolution of the Brazilian subsidiary has meant that Alestis not only did not have to recognize any depreciation in its accounts in 2022 in relation to its assets, but has also recovered impairments recorded in previous years in the amount of 4.453 million euros, an amount that appears in Alestis' own income statement for the 2022 financial year.

Net sales in 2022 amounted to 167.924 million euros (138.506 million euros in 2021), with the company's total assets amounting to 279.570 million euros (277.092 million euros in 2021). The company's total capitalization is EUR 199.691 million (EUR 191.286 million in 2021), consisting of EUR 31.347 million of equity plus EUR 168.344 million of financial debt (in 2021, EUR 29.263 million and EUR 162.023 million of equity and financial debt, respectively).


Net sales in 2022 were €MM 167.9


The company's total capitalization is €MM 199,691  (€MM 191,286 in 2021)