Revenues climbed 17% to EUR 18 million.

Material costs rose at a slower rate, increasing 13% to EUR 15.2 mln, but payroll costs jumped 25% to EUR 2.3 mln.

EBITDA dropped 16% to EUR 0.6 mln.

Masterplast said domestic sales generated 36% of revenues in Q1, up from 30% in the base period.