Today, we published our half-year results for the 2021-2022 financial year. This first half-year confirms our consistent path to profitable growth. Following last year’s double-digit sales increase, we were now able to continue sales growth, increase our adjusted EBITDA and improve our margin.
We are at the heart of the transition towards healthy, and more plant-based diets. And we operate a unique commercial strategy to help accelerate that shift. The tailor-made menu of services we offer to our customers, unburdens them. Our integrated customer relationships allow for increased efficiencies, improved sustainability and the integration of added-value services such as packaging and quality control. The consistent roll-out of this strategy has been instrumental to the good half-year results and it leads to stable financial performances.
In this past half-year, we also clearly demonstrated strong cost leadership and a continuous search for profit improvements. Simultaneously, we focused on maintaining our powerful role as a connector throughout the value chain through numerous impactful investments, such as an automated citrus sorting line with a direct feedback loop to the growers. And we will continue to accelerate our path towards more digitalisation and automation.
The half-year results are in line with expected growth and form the foundation for the coming months. We are committed to keep unlocking the power of plant-based, together with all our partners in the food value chain.
It is a unique opportunity to contribute to a healthier future for people and for planet.
HY Results 2021-2022 in a nutshell:
To read the full HY report of Greenyard's first half of this financial year, click here.