The company carried out RON19 million investments, down 35% from 2022.
EBITDA rose by 13% to RON60 million.
The turnover increase was mainly generated by price increases accepted by customers for the year.The number of orders fluctuated during 2023, which caused the company to adapt to customer requirements. For the additional volumes in the first part of the year until July-August 2023 the company was obliged to work on Saturdays and Sundays off (with the work paid at double the rate), which had a major impact on costs. For the second part of the year when volumes were down with some customers especially in November and December the company resorted to granting rest leave.
Compa’s main clients in the first half of 2023 were Phinia, with 45% of deliveries, Bosch, with 13%, Haulotte and Garrett.
The producer specified it is coping with a skilled workforce shortage.
The company’s market value stands at RON164 million.
(English version by Catalina Apostoiu)