(Alliance News) - Philogen Spa on Thursday reported that it closed the first half of the year with a profit of EUR7.6 million from EUR1.9 million in the same period last year.

Revenues from customer contracts as of June 30 amounted to EUR21.6 million from EUR18.0 million.

Ebitda was EUR8.6 million positive in the six-month period from EUR9.0 million as of June 30, 2022.

Ebit was EUR6.9 million from EUR7.8 million in the first half of 2022.

Net financial position is positive EUR79.0 million from EUR70.4 million as of December 31, 2022.

Philogen on Thursday closed 2.4 percent in the red at EUR16.15 per share.

By Claudia Cavaliere, Alliance News reporter

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