FAE Technology S.p.A. Borsa Italiana

Equities

FAE

IT0005500688

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-05-17 am EDT			5-day change	1st Jan Change
4 ^EUR	-1.23%		+0.25%	+25.39%

May. 08	ITALY GROWTH WINNERS & LOSERS: Mevim tops; FAE Technology goes down.	AN
May. 02	Futures bullish; Mib restarts at 33,700 points	AN

FAE Technology closes 2023 with revenues above EUR70 million

April 30, 2024 at 02:52 am EDT

(Alliance News) - FAE Technology Spa on Tuesday reported that it closed fiscal year 2023 with pro forma consolidated revenues of EUR71.6 million and value of production of EUR74.8 million.

Ebitda for the period stood at EUR7.6 million, a margin of 10.1 percent, while pro forma full-year consolidated net income for the period stood at EUR3.6 million

Net financial debt stood at EUR7.1 million.

Gianmarco Lanza, president and CEO of FAE Technology, commented, "The results approved today give us satisfaction and confirm the quality of our growth path. The acquisition of Elettronica GF has accelerated our evolution, allowing us to maximize our offering to customers and partners. We intend to continue on this path, further strengthening our group and consolidating our market positioning every day."

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Latest news about FAE Technology S.p.A.

ITALY GROWTH WINNERS & LOSERS: Mevim tops; FAE Technology goes down.	May. 08	AN
Futures bullish; Mib restarts at 33,700 points	May. 02	AN
Mib in the red; Stellantis gives up double digits	Apr. 30	AN
FAE Technology closes 2023 with revenues above EUR70 million	Apr. 30	AN
Lists in green except Mib; banks good	Apr. 22	AN
Iveco down on Mib; European stock exchanges in green	Apr. 22	AN
Futures await bourses up; China holds rates	Apr. 22	AN
Mib closes bullish; Terna takes top spot	Apr. 19	AN
FAE Technology increases revenues by more than 56 percent in 2023	Mar. 28	AN
Mib veers bullish; Brembo to fourth bullish	Mar. 19	AN
Mib bearish; DiaSorin starts well	Mar. 19	AN
Mib holds highs since 2008; Iveco top performer	Mar. 08	AN
Mib up slightly; Saipem at new annual peak	Mar. 08	AN
Declines ahead of ECB; Powell holds back on cuts	Mar. 07	AN
Mib up before ECB; down Pirelli after accounts	Mar. 06	AN
ITALY GROWTH WINNERS & LOSERS: FAE Technology tops; goes down Yolo	Mar. 06	AN
Mib pushes on; TIM leads rises ahead of accounts	Mar. 06	AN
Mib bullish at 33,200; wait for Powell hearing	Mar. 06	AN
Stock markets up tentatively; excellent accounts for Acea	Mar. 06	AN
Mib bullish; Maire and Webuild up double digits	Mar. 05	AN
ITALY GROWTH WINNERS & LOSERS: Caribbean Company collapses; up Mevim	Mar. 05	AN
ITALY GROWTH WINNERS & LOSERS: FAE and Lindbergh lead the risers	Mar. 04	AN
Mib above 32,900; Saipem on top after OPEC cuts	Mar. 04	AN
Stock markets down; on Mib well DiaSorin post FDA decision	Mar. 04	AN
FAE Technology, Ray Ozzie new group technology advisor	Mar. 04	AN

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