UFP Technologies Announces Record 2023 Results
Net sales for 2023 were $400.1 million, 13.1% higher than 2022 sales of $353.8 million.
- Net sales for 2023 were $400.1 million, 13.1% higher than 2022 sales of $353.8 million.
- Sales for the fourth quarter 2023 were $101.5 million, 11.2% higher than 2022 fourth quarter sales of $91.2 million.
- “I am very pleased with our fourth quarter and full year 2023 results,” said R. Jeffrey Bailly, Chairman & CEO.
- Full year 2023 adjusted operating income increased 37.9% to $61.3 million, from $44.5 million in the same period of 2022.