(Alliance News) - Monrif Spa announced Monday that its board of directors approved its interim report as of Sept. 30 reporting a loss of EUR3.7 million, up from a loss of EUR3.1 million in the same period last year.

Revenues amounted to EUR107.6 million, down from EUR113.5 million in the first nine months of 2022.

Ebitda is EUR8.1 million from EUR7.5 million in the same period last year.

Ebit amounted to EUR1.8 million from EUR400,000 in the first nine months of 2022.

Net financial position shows debt of EUR95.6 million from debt of EUR90.8 million as of Dec. 31, 2022.

Monrif's stock on Monday closed down 3.5 percent at EUR0.05 per share.

By Chiara Bruschi, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2023 Alliance News IS Italian Service Ltd. All rights reserved.