Highlights Q4 2023
• Record group revenues of EUR 35.4m (+165%)
• Gross profits up 201% y/y to EUR 12.6m on
wider gross margin of 35.5%
• Leveraging on operational investments leading
to all-time high EBITDA of EUR 5.9m (16.6%)
• Strong working capital management with cash
up EUR 5.9m to EUR 9.9m at year-end

A global recycling technology company set for growth

Engaging a vast global market opportunity, mainly driven by deposit
legislation rolled out across all EU countries
• Captured leading position in European growth markets, building on
~40% market share in North America and global Tier 1 customers
• Ready to capture new markets as legislation matures, with
ample production capacity in the U.S, Germany, and Romania, and rightsized organization across European growth markets
• Approaching inflection point for sustained profitability with revenue
doubled since 2021, economies of scale and gross margin expansion
• Executed by seasoned team with extensive cross-functional experience

see & read more om
https://www.envipco.com/hubfs/240307_ENVIP_Q4%202023%20presentation_FINAL3.pdf