The group’s consolidated EBITDA surged 60% to RON52.8 million, compared with RON32.9 million in the same period in 2017.
Each business line continued its organic growth, due to the group’s strategy which focused on developing the distribution network, increasing the foothold on European markets and developing new products and the portfolio of clients buying the company’s products.
Teraplast has a market capitalization of RON291.3 million after its shares have dropped by 15% since the start of 2018, amid deals worth RON16.5 million.
Teraplast is 46.7% held by businessman Dorel Goia, 10% owned by KJK BALKAN HOLDING and the remaining shares are distributed among investors on the Bucharest stock market.