(Alliance News) - Valica Spa reported that it closed the first half of the year with revenues of EUR2.2 million from EUR2.8 million for the full year 2022.

Ebitda rose to EUR338,936 from EUR242,183 for the full year last year while Ebit turned positive to EUR4,111 from an operating loss of EUR118,652 in 2022.

Net income is EUR18,909, also up sharply from the year-end 2022 figure.

Valica's stock is trading at EUR7.00 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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