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AFP 2023 Results: Financial Recovery Continues
During a meeting on April 25, 2024, the AFP Board of Directors approved the accounts for the 2023 financial year, which confirm that the Agency’s financial recovery is continuing.
Total turnover was stable (+0,1%), at 320.1 million euros.
Operating expenses were 297 million euros, a decrease of 0.4 percent (- 1.2 million euros) compared to 2022 at comparable exchange rates.
Operating profit was 4.8 million euros. Net profit was 1.1 million euros, positive for the fifth consecutive year and approximately the same level as last year (1.2 million euros).
Debt reduction continues at the planned rate: long-term debt was 50.2 million euros at the start of 2017.
It was 26.9 million euros at the end of 2023 and should be zero in 2028.
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