Mangata Holding with 37% increase in revenue and record-breaking net profit

After three quarters of 2022, Mangata Holding achieved PLN 799.2 million of consolidated sales revenue, which is 36.8% increase compared to the same period in 2021. The highest dynamics of sales revenue growth was recorded in the fasteners segment, reaching PLN 187.3 million, which is 60.8% increase yoy. After three quarters of this year, the Holding achieved gross profitability on sales at the level of 24.5%. The high level of sales translated into EBITDA of PLN 133.9 million (an increase of 34.2% yoy) and a consolidated net profit of PLN 81.3 million (an increase of 43.1%), which is the highest level in the history of the Group.

Read more at: https://mangata.com.pl/wp-content/uploads/MGT_ESPI_3Q2022.pdf