B&C SPEAKERS S.P.A. (Alliance News) - B&C Speakers Spa reported Tuesday that it expects revenues of EUR93 million for 2023, based on preliminary data.
The figure marks a record for the company and is in line with both B&C Speakers' growth trend and analysts' estimates. In 2022, the company had reported revenues of EUR82.4 million.
CEO, Lorenzo Coppini, said, "We are very pleased to have passed the EUR90 million turnover threshold, with all business areas growing, confirming the goodness of the strategic choices and commercial policies adopted. Also in the near future, we will continue to build success on the strength of our brands and the implementation of the industrial projects launched in 2023 with the acquisition of the Eminence Speakers brand."
B&C Speakers' stock closed Tuesday down 3.9 percent at EUR17.10 per share.
By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter
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