Ercros almost doubles the profit in 2022 nine months

• Adjusted ebitda of 9M22 was EUR 88.12 million, 43.8% higher than that obtained in 9M21.
• The 9M22 profit amounted to EUR 50.52 million, 93.1% higher than that obtained in 9M21.
• Finished product sales in 9M22 amounted to EUR 774.17 million, 40.4% higher than in 9M21.
• As of 30 September 2022, Ercros' liquidity amounted to EUR 138.62 million, of which EUR 49.21 million was cash and EUR 89.41 million was undrawn credit lines.
• The forecast for 2022 is as follows: adjusted ebitda, EUR 100-115 million; profit, EUR 55-70 million; sales of finished products, EUR 950-1,000 million; and contribution, EUR 280-310 million.

Income statements for the 2022 and 2021 nine months