#Trade Shows & Events
GPAINNOVA Hits Record Annual Revenue: Surges to €35M, a 34.6% Increase from the Previous Year
This marks the seventh consecutive year of record-breaking performance
GPAINNOVA (GPA Tech, S.L.) once again set a new annual turnover record in 2023, reaching €35 million. In terms of EBITDA (Earnings Before Interest Taxes Depreciation and Amortization), it consolidated results within the DryLyte Group, totaling €7 million.
This marks the seventh consecutive year of record-breaking performance, with a €9 million increase from 2022 (+34.6 percent). The 2023 figure is 58 times higher than 2016 (€600,000).
DLyte Chemicals, part of the DryLyte Group, generated €4.3 million in revenues and €1.8 million in EBITDA in 2023. Pau Sarsanedas, CEO and co-founder, highlights these figures “as a testament to the group's core business success and the maturity of their project”.
In 2023, GPAINNOVA expanded its presence in the industrial sector and international markets, securing machinery sales in 40+ countries on five continents. Foreign trade constituted 96 percent of total turnover, emphasizing the commitment to sustainable business expansion, especially in key markets like Germany, Brazil, the USA, and Asia. All of this underscores the company's commitment to sustainable commercial expansion.