Kronos: Positive results "boost" the investment strategy

With "weapon" the positive results in the fiscal year 2023, Kronos, with a long presence in the canning industry, continues its growth strategy.

As shown in its financial statements, its turnover in 2023 amounted to 95,208,696 euros, an increase of 17,162,375 euros or 21.99%. The gross profit for the year under review amounted to EUR 34,626,756, up EUR 4,619,059 as a result of the increase in turnover. Gross profit increased by 15.9%, and for the 2023 financial year, it represented 36.4% of turnover, compared to 38.4% in the previous financial year. Finally, profit before tax and EBITDA amounted to EUR 20,999,677 and EUR 25,948,084, up by EUR 3,011,674 and EUR 4,564,118 respectively.

At the same time, as stated in the same statements, Kronos...

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