Sabaf S.p.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was EUR 58.06 million compared to EUR 70.85 million a year ago. Revenue was EUR 60.41 million compared to EUR 73.44 million a year ago.

Net loss was EUR 0.791 million compared to net income of EUR 7.45 million a year ago.