Corporate Presentation

31/12/2023

Who we are

Founded in 1979.

Publicly Traded in Athens Stock Exchange since 1996.

Leading European producer of flexible barrier films for the meat, cheese, seafood industries

and non-barriershrink films for the bottling industry. Production plants in Greece, Poland and Australia.

Approximately 90% of Group total sales took place outside Greece in over 40 countries - Germany, UK, Poland, USA, Australia, New Zealand and others.

State-of-the-artfacilities with extensive production capabilities and high- performance flexographic printing.

Advanced R&D department for new product development/ improvement

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of product portfolio.

Product Portfolio

o FlexoShrink Shrink Bags and Films

o Flexion Skin Films

o FlexoFresh Thermoforming Films

o FlexoLid Lidding Films

  1. Vacuum Pouches

o FreshOnBoard / Cardboard-based trays

  1. Customized film structures

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Highlights

Thous. €

12M-2023

D

Sales

153.090

1,4%

EBITDA

25.773

-4,9%

EBT

19.057

0,8%

EAT

15.101

7,1%

Shareholders Equity

121.386

14,0%

Total Assets

197.933

12,4%

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2023 Overview

Important milestones of the year 2023:

  • Around 90% of our business is outside of Greece
  • Continuous product development
  • Further expansion of sales team and distribution network
  • Share capital increase of the subsidiary company "FLEXOPACK INTERNATIONAL LIMITED" by a total amount of EUR 9 Mil. for financing the investment plan of "FLEXOPACK PROPERTIES PTY LTD"
  • Strong financial position
  • Issuance of a Common Bond Loan of EUR 7 Mil. to serve corporate activities and business expansion

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Subsidiaries

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Affiliates

AFFILIATES

Inova S.A. - (50%)

Greece

Rigid Packaging - Bag-in-Box

Vlachos S.A. - (47,71%)

Greece

Rotogravure Printer

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Consolidated Financials

8

Income Statement

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Country Turnover Breakdown

1

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Flexopack SA published this content on 17 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 May 2024 14:55:07 UTC.