RDM Group approves the Half-Year Financial Report at June 30, 2020 and closes record semester: Net Profit up 49.6% and EBITDA Margin from 10.7% to 13.8%.
The reason for these results is to be found in the initiatives taken in recent years, designed to increase the efficiency and solidity of the RDM Group’s performance, that proven to be very strategic in a delicate phase such as the emergency caused by Covid-19 pandemic.
RDM Group CEO commented: “We were able to take full advantage of the combination of a series of positive factors that emerged during this half-year. On the demand side, we were able to leverage the essential nature of our products, largely intended for the food and pharmaceutical sectors, while the long-term trend towards a focus on more environmentally sustainable packaging solutions continues. At the level of operating costs, we succeeded in benefiting from cost reductions and constantly improving operating efficiency.”
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