Our turnover reached €167.2 million . EBITDA reached €16.2 million, compared to €13.7 million in 2021, an increase of 18.4% .
Today we are presenting our 2022 results, with revenue reaching €167.2 million —including revenue from Wairbut and Bilbomática , the new additions to the Group last year—representing a 32.8% increase compared to 2021.
Our net profit in 2022 was €10.2 million , the highest in our history , exceeding the previous year's profit by 16.6%. Accounting EBITDA, excluding the increasingly common financial adjustments and artificialities in the market, was €16.2 million, an increase of 18.4% compared to the previous year.
2022 has been marked by the incorporation and integration of the Wairbut companies and Bilbomática , as well as a firm commitment to talent that has allowed the number of people working to increase to 3,200 professionals .
Looking ahead, 2023 has begun with the adjustments to the incorporation of acquisitions already made, so the outlook is good and the goal is to continue growing.
" 2022 has been a successful year for Altia in a challenging environment due to the shortage of technological talent, the energy crisis, the impact of inflation, and logistical difficulties. In this context, we have achieved combined growth between organic growth and the results of our acquisitions . The Company has grown and added a significant number of people to the project . We have incorporated new concerns and needs, new approaches and capabilities, and also different environments than those we already had, in which we intend to have a positive impact with our activity."
Constantino Fernández · President
Sustainable and international growth model
We are committed to a sustainable growth model , and the acquisitions of Wairbut and Bilbomática have represented a further step in this direction. "With the merger of these two companies, we have made the right decision not only from a purely financial perspective, but they also share our values and a firm commitment to our environment and talent . At a time of shortage of professionals, we have added to the existing talent pool a powerful tool to extend our commitment to a growing environment and continue to offer real and tangible value to customers and society," said Fernández.
Our international presence has also been strengthened by Bilbomática's position in European Agencies, which has enabled us to work de facto with almost all agencies with the clear objective of continued growth . "International business will be a key player in the coming years and will require us to make new and highly demanding efforts in managing increasingly diverse and distant stakeholders, at least geographically," commented Altia's president.
Our financial and technical solvency, the expertise of our professionals, our innovative and collaborative spirit, and our implemented control and continuous improvement systems will continue to be the foundation of our sustainable growth.
