(Alliance News) - The board of ALA Spa on Thursday approved the draft as of Dec. 31, 2023, closed with a profit of EUR9.8 million from EUR7.8 million in 2022. The board proposed the distribution of a dividend of EUR0.75 per share, up from EUR0.47 last year.

Value of production reaches a record EUR233.1 million from EUR158.7 million for fiscal year 2022 with a 47 percent increase over 2022 figures.

Ebitda stands at EUR25.4 million from EUR16.8 million for FY2022 with a more than significant 51% growth over FY2022 figures.

Ebitda margin stands at 10.9 percent with a growth of 0.3 percentage points compared to 2022.

Ebit is EUR21.2 million compared to EUR13.6 million in the previous year with a significant increase of EUR7.6 million over the figure recorded as of December 31, 2022.

Net financial position is negative EUR29.2 million, an improvement over the net financial position as of June 30, 2023 of EUR33.2 million and in line with the net financial position as of December 31, 2022 of EUR28.7 million.

ALA closed Thursday's session in the green by 0.8 percent at EUR19.80 per share.

By Maurizio Carta, Alliance News reporter

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