(Alliance News) - B&C Speakers Spa reported Tuesday that it ended 2023 with a total group profit of EUR13.9 million, up 13 percent from EUR12.3 million as of Dec. 31, 2022.

The company proposed to pay a dividend of EUR0.70 per share from EUR0.60 in 2022.

Consolidated revenues in the period stood at EUR94.0 million from EUR82.1 million and up about 15 percent from 2022.

Group order backlog was EUR20.8 million from EUR46.3 million as of Dec. 31.

Consolidated Ebitda as of Dec. 31 was EUR21.8 million, up 7.7 percent from EUR2.3 million in 2022.

Net financial position stands at EUR650,000 from EUR9.4 million as of Dec. 31, 2022.

B&C Speakers trades in the red by 1.1 percent at EUR17.50 per share.

By Claudia Cavaliere, Alliance News reporter

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