Revenue rose 25% to EUR 44,478,000, according to a report by state news wire MTI.

EBITDA jumped by approximately 129% to EUR 3,429,000.

Masterplast pointed to a “marked recovery” on the market in September, supported by the strengthening of the construction cycle in the Central European region and the acceleration of energy efficiency improvement programs in Hungary.

“Based on the current order portfolio, the favourable trend observed in September is expected to continue in the upcoming periods, with the final quarter of the year projected to be the strongest in terms of both revenue and profitability,” the company said.