(Alliance News) - Talea Group Spa reported Tuesday that in the first nine months of the year it reported consolidated adjusted revenues of EUR106.6 million, up about 27 percent from EUR84.3 million in the same period last year.

As of Sept. 30, the consumer area reported revenues of EUR101.6 million, up 27 percent from EUR80.2 million in the same period a year earlier, while the industrial area, which includes third-party revenues from Valnan Srl and co-marketing revenues, was up 23 percent, with revenues of EUR5.0 million compared to EUR4.0 million in the first nine months of 2022.

Consolidated adjusted revenues in the third quarter reflected the typical seasonality of the summer months and amounted to EUR31.0 million, up 5.4% from EUR29.4 million in the third quarter of 2022.

Orders grew by about 21 percent to 2.3 million in the first nine months compared to 1.9 million recorded in the same period last year. In the third quarter, orders totaled 678,830, up 4.6 percent from 648,981 in the same period last year.

The number of products sold in the first nine months totaled 10.8 million, up 21 percent from 8.9 million in the first nine months of 2022, while in the third quarter, products sold totaled 3.1 million, up 1.2 percent from 3 million in the same period last year.

Talea Group trades in the green by 2.2 percent at EUR9.48 per share.

By Claudia Cavaliere, Alliance News reporter

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