On September 22, Bio Planet S.A. presented its report for H1 2023. Revenues for the first half of 2023 amounted to PLN 130.5 million, 27% higher than in the first half of 2022 when they amounted to PLN 103.1 million. Net profit for the first six months of 2023 amounted to PLN 1.6 million and was 11% lower than net profit in the same period in 2022, when it amounted to PLN 1.8 million.
In the first half of 2023 Company continued to introduce numerous new products in both its own and distributed brands. In the first half of the year, the Company introduced about 1,000 new products to its portfolio. According to the Company's authorities, the increase in revenues is keyly influenced by the acquisition of part of the assets of two companies - NaturaVena and Smak Natury - as well as investments made in the first half of the year.
Today we present the valuation of Bio Planet S.A., prepared by companyvalueradar.com.
Bio Planet S.A. provides services in the field of organic food production and distribution. The company has been offering certified organic products since 2006. The company offers private label products as well as products from other recognized organic food manufacturers. The company has been listed on the Stock Exchange since 2015.
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