(Alliance News) - Vianini Spa reported Thursday that it closed 2023 with revenues of EUR10.3 million from EUR14.3 million as of Dec. 31, 2022.

EBITDA stood at EUR5.2 million from EUR10 million in the previous year.

Net income from financial operations was a negative EUR8.2 million from a negative EUR4.2 million in 2022.

Net income attributable to the group was negative EUR2.4 million from a positive EUR3.4 million as of December 31, 2022.

Net debt as of Dec. 31 was EUR162.7 million in line with the Dec. 31, 2022 figure.

Vianini closed Thursday flat at EUR0.80 per share.

By Claudia Cavaliere, Alliance News reporter

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