Identification

Instrument name
GRIFAL
Symbol
GRAL
ISIN code
IT0005332595
Code LEI
8156009DEBA2E3B7C465
Exchange / Market
Euronext Growth
Trading location
Milan
ICB
50203030 Containers and Packaging

Operation

IPO date
Fri 01/06/2018
IPO price
EUR 2.60
IPO type
Initial Public offering
Capital raised
EUR 4.89 million

Company profile

Grifal S.p.A., an Italian leader in the packaging sector, is also active in the design and production of machines for corrugating, resin bonding and packaging automation. The Grifal group's strategy is to make cArtù® technology and the cushionPaper™ product line new standards in eco-sustainable packaging, by creating an international network of production sites in partnership with packaging manufacturers. The first step in the internationalization strategy was the start-up of cArtù® packaging production in Romania with the creation of Grifal Europe Srl. In 2023, the announcement of the first joint-venture, in Portugal, thanks to an agreement with the industrial group José Neves, based near Porto. The company Seven cArtù Lda brings together expertise and skills in the transformation of corrugated paper-based materials.

Source: Cofisem - Last Update: 21 Nov 2024
Key Executives
Chairman and Chief Executive Officer Fabio Angelo Gritti
Chief Financial Officer Paolo Frattini
Head of Investor Relations Paolo Frattini
Source: Cofisem - Last Update: 21 Nov 2024
Key figures
Millenium 2023 2022 2021 2020 2019
Net sales 37.784 36.876 26.065 16.765 18.637
Consumed purchases 16.049 16.242 12.535 7.890 8.258
Labour costs 10.106 9.294 7.733 5.168 5.271
Operating profit 2.174 1.305 -715 -1.013 682
Income tax 345 333 -140 -297 -6
Net income 887 432 -837 -946 503
Net income (Group share) 887 432 -837 -946 503
Fiscal year end 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards Local GAAP Local GAAP Local GAAP Local GAAP Local GAAP
Source: Cofisem - Last Update: 21 Nov 2024
Shareholder information
Group-owned stock 0,34 %
Free float 36,46 %
G Quattronove S.r.l. 63,20 %
Source: Cofisem - Last Update: 21 Nov 2024