April 27 (SeeNews) - Sovenian document printing company Cetis [LJSE:CETG] has recorded a consolidated net profit of 19.0 million euro ($21.0 million) in 2022, up 52.2% from 7.2 million euro in the previous year, it said.
Sales revenue rose to 119.2 million euro from 78.3 million euro, as 46.7% were generated on the domestic market, the company said in a filing with the Ljubljana bourse on Wednesday.
The earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to 27.6 million euro in 2022 from 15.4 million euro in the previous year, the company said.
The company is active in security and commercial printing, including the printing of ID documents, lottery tickets and cards as well as in packaging and labels. It is part of MSIN Group which employs more than 1,200 people in its companies.
($ = 0.90631 euro)