(Alliance News) - Servizi Italia Spa reported Thursday that it closed 2023 with a consolidated net profit of EUR5.3 million from EUR3.4 million as of Dec. 31, 2022.

The company proposed the distribution of a dividend of EUR0.03 per share, returning to the EUR0.14 dividend of 2020.

Consolidated revenues in the period stood at EUR287.9 million from EUR270.3 million in 2022.

Consolidated Ebitda as of December 31 was EUR71.4 million from EUR59.7 million in 2022.

Consolidated Ebit is worth EUR15.0 million in 2023 from EUR2.9 million in the previous year.

Net financial debt is EUR116.7 million from EUR119.0 million as of December 31, 2022.

"2023 was a very important year for our group. Revenues have reached record levels while operating results are the strongest in the last five years. Moreover, the Financial Position is balanced and improving, in times that are moreover difficult and onerous in terms of access to credit," commented Roberto Olivi, chairman of the Executive Committee of Servizi Italia.

"These goals can only be achieved with a deep team spirit, a medium- and long-term strategic vision and constant research aimed at improving and pursuing the quality of the services offered. We foresee a 2024 that can continue under the banner of the results just achieved with the firm intention of further consolidating our market position in Italy and abroad."

Servizi Italia trades in the green by 0.6 percent at EUR1.80 per share.

By Claudia Cavaliere, Alliance News reporter

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