(Alliance News) - The board of directors of Servizi Italia Spa on Tuesday approved its interim report for the three months ended March 31, closing with a net profit of EUR2.4 million compared with a net profit of EUR2.3 million in the same period last year.

The Services Italy group's consolidated revenue of EUR73.4 million was up slightly by 1.2 percent from March 31, 2023.

Consolidated Ebitda increased from EUR18.0 million in the first three months of 2023 to EUR19.0 million in the same period of 2024 with Ebitda margin increasing by 100 bps from 24.8 percent to 25.8 percent of revenues or an absolute increase of 5.3 percent.

Consolidated Ebit increased from EUR3.6 million during the first three months 2023 to EUR5.0 million during the same period 2024.

Consolidated Net Financial Position was EUR128.2 million from EUR116.7 million as of December 31, 2023 and EUR136.0 million as of March 31, 2023.

Services Italy on Tuesday closed in the green by 3.3 percent at EUR1.89 per share.

By Maurizio Carta, Alliance News reporter

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