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News

17/03/2023

Cenergy Holdings successfully presented its 2022 financial results to the Hellenic Fund and Asset Management Association at the Athens Stock Exchange premises.

Today March 17,2023 Cenergy Holdings successfully presented its 2022 financial results to the Hellenic Fund and Asset Management Association at the Athens Stock Exchange premises.

Alexis Alexiou, CEO of Cenergy Holdings mentioned: “The strong results achieved for H1 2022 were the outcome of the increased activity across all production lines in the cables segment and a significantly improved output in the steel pipes one. As a global energy’s solutions provider, committed to an ambitious and solid strategy, we aim to continually contribute to energy transition”.

Alexandros Benos, CFO of Cenergy Holdings highlighted the milestones of 2022 by emphasizing that people are the driving force behind Cenergy Holdings achievements.

  • Revenue reaches EUR 659 million.
  • Order backlog attains a new high at EUR 1.1 billion on June 30, 2022.
  • Operational profitability improves pushing adjusted EBITDA to EUR 52 million (+8% y-o-y).
  • Consolidated profit before tax rises considerably to EUR 21.2 million (+74% y-o-y).