(Alliance News) - Clabo Spa reported that total revenues for the year ended Dec. 31, 2022 amounted to EUR59.3 million, up 17 percent from EUR50.8 million in the same period last year.

Consolidated net sales are EUR51.4 million from EUR44.2 million, up 16 percent on 2021.

Ebitda is EUR8.7 million from EUR6.0 million in the same period last year.

Profit is EUR900,000 improving from a loss of EUR900,000 as of December 31, 2021.

Net financial position is EUR34.9 million, in line with figures as of Dec. 31, 2021.

Clabo trades in the red by 2.0 percent at EUR1.96 per share.

By Claudia Cavaliere, Alliance News reporter

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