October 26, 2020
The company presents its results for the first half of 2020
Kompuestos achieves revenues of 22.4 million euro in the first half of the year and strengthens its liquidity position
In anticipation of the situation arising from the Covid-19, the company has followed a strategy to strengthen its liquidity position, increasing long-term resources by 4.0m euros compared to the same period in the previous year. Standardised Ebitda amounted to 1,236 thousand euros, 44.5% less than in the first half of 2019, due to the drop in generalised demand as a result of the effects of Covid-19, especially on demand from manufacturers belonging to non-core activities.
In the first half of 2020, Kompuestos has increased the number of new certifications for its compostable resins and Okean biodegradable and compostable plastic ranges by 70%. Read more