KME Group S.p.A.

IKG

IT0004552359

Specialty Mining & Metals

Real-time Borsa Italiana Other stock markets 11:44:59 2024-04-29 am EDT			5-day change	1st Jan Change
0.97 ^EUR	0.00%		-5.27%	+5.21%

Apr. 18	Mib in green at 33,700; Banca Mediolanum bullish	AN
Apr. 18	Futures bullish; car registrations drop	AN

KME Group closes 2023 with loss; revenues up slightly

April 10, 2024 at 01:48 am EDT

(Alliance News) - KME Group Spa reported its results for fiscal year 2023, which closed with a net loss of EUR46.5 million from a profit of EUR35.5 million as of Dec. 31, 2022.

Sales revenue for the period stood at EUR1.9 million from EUR1.5 million in 2022.

Operating income as of December 31 was EUR32,842 from a positive EUR120 in the previous year.

Reclassified Net Financial Position is EUR261.4 million from EUR164.0 million as of December 31, 2022.

Net investments amounted to EUR591.1 million from EUR653.4 million in 2022.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Latest news about KME Group S.p.A.

Mib in green at 33,700; Banca Mediolanum bullish	Apr. 18	AN
Futures bullish; car registrations drop	Apr. 18	AN
Mib rebounds as banks boost	Apr. 17	AN
Traders ignore Powell; Popolare Sondrio bullish	Apr. 17	AN
KME Group closes 2023 with loss; revenues up slightly	Apr. 10	AN
Lists bearish; DiaSorin rises against the tide	Apr. 09	AN
Futures down; major order for Fincantieri	Apr. 09	AN
Indices up; Interpump tops on Mib.	Apr. 08	AN
Europe's only Mib in green; Webuild bullish	Mar. 05	AN
Indices down except in Mib; Saipem on top	Mar. 05	AN
KME Group to Buy Sundwiger Messingwerk in EUR62 Million Deal	Mar. 04	MT
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
KME Group, to subsidiary contract to acquire Sundwiger Messingwerk	Mar. 04	AN
KME Group Unit Enters Deal with Germany's Paragon, US SPAC for cunova's New York Listing	Feb. 20	MT
KME subsidiary signs agreement for cunova capital transaction	Feb. 20	AN
Italy's KME signs deal with US SEDA to list Cunova unit on NYSE	Feb. 20	RE
KME Special Products GmbH & Co. KG agreed to acquire KME Group?s aerospace specialty metals business from KME Group S.p.A..	Feb. 19	CI
Futures bullish; Brent at USD80 level	Dec. 01	AN
Mib green above 29,700; boost on oil segment	Nov. 30	AN
Stock exchanges in green despite disappointing macro data	Nov. 30	AN
Stock exchanges up; H-Farm rises despite loss	Nov. 30	AN
Stock markets expected up ahead of Italy and Eurozone CPIs	Nov. 30	AN
Mib advances; Stellantis at new annual high	Nov. 29	AN
Confidence improves, bullish push on stock markets	Nov. 29	AN

KME Group SpA, formerly Intek Group SpA, is an Italy-based group operating in production, finance and services sectors. The Companyâs business activities are divided into four business segments: Copper; Renewable Energies; Services, and Private Equity. The Copper segment is involved in the manufacture of semi-finished copper and copper alloy products (excluding copper wire). The Renewable Energies segment includes investment in companies focused on: power generation, sale of products and services within the renewable energy and energy saving domains. The Services segment encompasses solutions in the security sector of the automotive market. The Private Equity segment encompasses investment and management activities in real estate. It operates through the unit KME Partecipazioni SpA.

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Specialty Mining & Metals

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