(Alliance News) - The following stocks are the best and worst performers on Italy Growth on Tuesday afternoon in Piazza Affari.

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WINNERS

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Clabo rises 11 percent and attempts to recover from the 5.5 percent decline seen in the last month of trading. Over the last six months, the stock has gained 0.2 percent while, over the last year, it has lost 28 percent.

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TrenDevice gains 7.7 percent a day after announcing that it has approved its financial statements for the year to Dec. 31, 2022, reporting a loss of EUR1.4 million, worse than the EUR961,000 loss reported in the same period last year. Revenues amounted to EUR19.8 million, up 25 percent from EUR15.8 million as of December 31, 2021. Ebitda stood at EUR745,000, up 53% from EUR488,000 in the previous year.

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LOSERS

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Fenix Entertainment drops 8.1 percent. The SME reported that it ended 2022 with a loss of EUR5.5 million compared to about EUR528,000 in profit in the previous year. Production value was EUR36.4 million, compared to EUR43.8 million in the previous year. Yesterday, however, it signed a co-development agreement with the production company Casa delle Visioni regarding the feature film project with the working title "Aditi," which is currently being written. The screenplay will be developed by Stefano Lorenzi and Matteo Ferri, authors of the subject.

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Illa gives up 6.9 percent, extending the 130 percent rise recorded in the last month's trading at Piazza Affari.

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By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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