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Fedrigoni confirms growth trend in 2024

Fedrigoni, a world reference in the production of specialty papers for luxury and creative applications, self-adhesive labels, packaging, graphic supports for visual communication and RFID, had closed the 3Q 2024 with revenues of 468.3mn Euros compared to 412.0 million in the same period of 2023 (+13.7 percent) and an adjusted Ebitda of 61.7 million, 8.2 percent higher than the 57.0mn in 3Q 2023. A  growth trajectory confirmed by the results for the first 9 months of the year, which stood at 1.425.4mn in revenues (+8.7percent compared to 1.311.2mn in January-September 2023) and 221.7mn in adjusted Ebitda (+8.2 percent up from 204.9mn).

The group ended the year 2024 with revenues over 2 billion euros. With nearly 6,000 people in 28 countries and 78 plants including production sites, cutting and distribution centers, Fedrigoni sells and distributes its 25,000 products in 132 countries around the world. In 2024 the Group kept pursuing its industrial plan and completed four M&A deals: acquisition of a specialty papers plant in China, formerly part of the Arjowiggins Group; minority stake in the start-up SharpEnd as part of the company’s focus on digitized product offerings; acquisition of some assets of Mohawk, the second largest specialty papers player in North America; and acquisition of Poli-Tape, a producer of graphic materials for visual communication. Fedrigoni’s strategic plan envisions on self-adhesive materials to focus on consolidating its position in premium labels and establishing in graphics and visual communication solutions.

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