Bistrița, October 25, 2021
TeraPlast Group continued its competitive and dynamic evolution in the third quarter, despite the challenging climate and the growing uncertainty of the business environment compared to previous intervals. The Group’s turnover had a robust evolution, and at nine months it registered an increase of 46% compared to the corresponding period of the prior year’s restated results, to over RON 451 million. The operating profit advanced by 37%, up to RON 50.5 million. At the same time, the net profit reached RON 43.3 million, a significant progress of 41%, a performance that reflects both the volume increases and the efficiency of the activity.
Even in a complex environment, characterized by many external constraints, TeraPlast Group managed the performance to exceed the results recorded for the entire financial year 2020 after the first three quarters of the year, a comparison that takes into account the resizing of the group, following the sale of steel products and window profiles divisions. Thus, the turnover is higher at nine months by 14% compared to the whole year 2020, and the EBITDA shows an advance of 18% compared to the entire year 2020.
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