(Alliance News) - Enervit Spa reported Wednesday that it closed the first quarter with consolidated revenues up 13 percent to EUR22.8 million from EUR20.2 million as of March 31, 2023.

In detail, Italy reported growth of about 12% compared to the first three months of 2023, while overseas reported growth of about 22% compared to the same period in 2023.

The Direct channel, driven by e-commerce sales, reported growth of about 13 percent compared to the same period in 2023, while the Processing for Third Parties channel reported growth of more than 17 percent.

Enervit is flat at EUR3.19 per share.

By Claudia Cavaliere, Alliance News reporter

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