Sales of Portuguese Corticeira Amorim reach EUR 1 B
- Valerie Charoux
- Feb 24, 2023
- 1 min read
Sales of Portuguese Corticeira Amorim reach EUR 1 billion in 2022. The subholding company belonging to the Amorim Group registered profits of EUR 98.4 million in 2022, increasing by 31.6% compared to the previous year, that is partly due to a favorable decision for a tax contingency amounting to EUR 11.4 million.
Corticeira Amorim is a Portuguese subholding company belonging to the Amorim Group, a global leader in the cork industry. Amorim's holding company is listed on the Euronext Lisbon stock exchange.
