Altri Group's revenue decreased 38,6 per cent
Altri Group achieved total revenues of € 174.4 M in the 3Q23, a decrease of 38.6% vs 3Q22. Theslowdown in the growth of global pulp demand during 2023, which resulted from a relevantdestocking process in the Pulp and Paper industry and the lower dynamism of economic activity, led the Altri Group to register a lower sales level and prices than the same period last year. Compared to the 2Q23, total revenues decreased 13.6%, as a result of a relevant decrease in the pulp prices, despite the increase in the volume sold.
Source: pulpapernews.com