(Alliance News) - Ambromobiliare Spa reported Tuesday that it closed 2023 with a loss of EUR292,000 from one of EUR405,000 as of Dec. 31, 2022.

Net revenues were EUR1.5 million, up 6.0 percent from EUR1.4 million in 2022.

Ebitda in the period was negative EUR398,000 from a negative EUR449,000 from the previous year.

Net financial position was negative EUR165,000 from a positive EUR329,000 as of Dec. 31, 2022.

On Tuesday, Ambromobiliare closed 1.5 percent in the red at EUR1.28 per share.

By Claudia Cavaliere, Alliance News reporter

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