(Alliance News) - Talea Group Spa on Tuesday approved its consolidated half-yearly report as of June 30, which closed with a net loss of EUR900,000 compared to a profit of EUR404,000 in the same period last year.

Consolidated revenues amounted to EUR72.9 million compared to EUR52.8 million in the first half of 2022, an increase of 38 percent. Consolidated adjusted revenues in the first half of 2023 were EUR75.6 million, up 38 percent from EUR54.9 million in the first half of 2022.

Ebitda as of June 30, 2023 was EUR1.1 million, down 41% from the previous year.

Ebit for the first half of the year ended essentially break-even, negative EUR156,000 compared to EUR839,000 for the same period 2022, "after depreciation and amortization of EUR1.3 million," the company specified in the note.

Net financial debt was EUR33.9 million compared to EUR21.5 million as of Dec. 31, 2022.

Talea Group on Tuesday is in the green 1.1 percent to EUR9.30 per share

By Maurizio Carta, Alliance News reporter

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