Margins up in the first half of 2023

EBITDA of €4.5 million (1H22 at €3.5 million)
Adjusted net result of €2.1 million, +22.5% vs 1H22

Key consolidated results for the half-year ended 30 June 2023:

• Revenues of €41.6 million (€44.9 million in 1H 2022)
• EBITDA of €4.5 million (€3.5 million in 1H 2022), with an EBITDA margin of 10.8% (7.9% in 1H 2022)
• Adjusted net profit1 of €2.1 million (€1.7 million in 1H 2022)
• Net financial debt of €15.8 million, of which €7.8 million relates to the payment of the first instalment of the purchase price / net working capital setup / IFRS 16 reclassification for the lease of the industrial branch property of Tessitura Langè (€7.8 million as of 31/12/2022).