The growth curve for Progroup continues its upward trajectory. Following on from 2021, the family-run company once again generated record-breaking revenue in 2022, reaching €1.8bn.
Progroup has managed to boost its revenue by around 30% compared to the previous year. “2022 was very much characterised by rising energy prices, a much slacker consumer climate and therefore weaker demand for packaging and corrugated board,” says Maximilian Heindl, CEO. “These trends also had an impact on us. This is why it is so pleasing to report that in the two main areas of our business, corrugated board sheets and containerboard, we managed to improve our economic performance and increase our revenue to around €1.8bn.”
Following the strong figures in 2022, the company’s forecast for this year is much more cautious. “It is very unlikely that the conditions in the market will get any easier in 2023,” says Heindl. “But we will fundamentally approach this challenge with confidence by continuing to focus on our strengths: reliability, innovative strength and therefore technological leadership.”