(Alliance News) - The board of directors of Bialetti Industrie Spa on Tuesday approved the results as of March 31, a quarter that ended with revenues of EUR33.5 million and an increase of 1.6 percent from the same period in 2023, when they were EUR33.0 million.

Adjusted Ebitda was EUR4.1 million from EUR4.3 million in the first three months of 2023.

Net debt as of March 31, 2024 was EUR120.3 million compared to EUR108.1 million as of December 31, 2023.

Bialetti closed Tuesday's session in the green by 0.9 percent at EUR0.24 per share.

By Maurizio Carta, Alliance News reporter

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