GRIFAL
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 |