(Alliance News) - The board of directors of Rai Way Spa has reviewed the draft individual financial statements for the year ended Dec. 31, 2023, which closed with a net profit of EUR86.7 million, up nearly 18 percent from fiscal year 2022, when it was EUR73.7 million.

The board proposed the distribution of a dividend of EUR0.32 per share, up from EUR0.27 in the previous year.

As of December 31, 2023, core revenues were EUR271.9 million, up from EUR245.4 million in 2022. Revenues attributable to RAI rise to EUR230.2 million, where revenues from third-party customers stand at EUR41.8 million, an increase of nearly 20 percent.

Ebitda is EUR174.9 million, up 16 percent from EUR151.0 million in 2022.

Operating income is EUR126.0 million, up 21% from EUR103.8 million in 2022, despite higher depreciation, amortization and provisions.

Net financial debt is EUR104.9 million and essentially stable compared to EUR105.0 million as of December 31, 2022.

Rai Way closed Monday's session in the green by 1.7 percent at EUR4.88 per share.

By Maurizio Carta, Alliance News reporter

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