BEWI ASA publishes annual report for 2022

25-04-2023

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BEWI ASA publishes annual report for 2022

BEWI, a leading provider of packaging, components, and insulation solutions, today publishes its annual report and the remuneration report for the financial year of 2022.

The annual report, which was approved by the board of directors of BEWI on 24 April 2023, also includes BEWI’s ESG progress report, which has been prepared with reference to the Global Reporting Initiative (GRI) Standards (2021), and statement on corporate governance for 2022.

The annual accounts for 2022 were approved without any changes to the preliminary accounts for the full year 2022 announced on 16 February 2023.

In 2022, BEWI continued to deliver solid results and strong growth from organic and strategic initiatives, focusing steadily on its three strategic priorities: innovation, circular economy, and profitable growth – all with a vision to protect people and goods for a better everyday. The group had net sales of 1 050 million euro, up by 40 per cent over the previous year, with an adjusted EBITDA of 134 million euro. Including full effect of seven acquired companies in 2022, annual pro forma sales was more than 1 500 million euro.

The full report is attached in PDF format and the European Single Electronic format (ESEF) and can be downloaded from the company’s website www.bewi.com. In addition, the group’s remuneration report, also approved by the board on 25 April 2023, is attached.

Contact:

Charlotte Knudsen, Director of IR and Communications BEWI ASA, tel: +47 9756 1959

About BEWI ASA

BEWI is an international provider of packaging, components, and insulation solutions. The company’s commitment to sustainability is integrated throughout the value chain, from production of raw materials and end goods, to recycling of used products. With a vision to protect people and goods for a better every day, BEWI is leading the change towards a circular economy.

BEWI ASA is listed at the Oslo Børs under ticker BEWI.

This information is subject to disclosure under the Norwegian Securities Act section 5-12 and the requirements of Oslo Børs’ Continuing Obligations.