Mannok Holdings reports 1.8% revenue drop to €311.9m in 2023 due to sales price deflation, but EBITDA increases by 74% to €44.
Mannok Holdings, a cross-border manufacturing group, reported a 1.8% drop in revenue to €311.9m in 2023 due to sales price deflation for insulation and plastic packaging products. Despite this, EBITDA increased by 74% to €44.9m due to easing inflationary pressures. The company's CEO, Liam McCaffrey, announced he will step down on June 30, 2024, and will be replaced by chief financial officer Dara O'Reilly.
May 02, 2024
5 Articles