Franchi Umberto Marmi S.p.A.

FUM

IT0005335754

Home Furnishings

End-of-day quote Borsa Italiana Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
6.05 ^EUR	-1.63%		+7.08%	-12.06%

Apr. 23	Futures up; wait for Eurozone PMI	AN
Apr. 22	Mib bearish; DiaSorin closes ahead of all	AN

FUM reports profit and revenue down in 2023; there is dividend

March 28, 2024 at 01:00 pm EDT

(Alliance News) - Franchi Umberto Marmi Spa reported Thursday that it closed 2023 with a profit of EUR13.0 million from EUR17.2 million in 2022.

The BoD proposed a dividend of EUR0.16 per share from EUR0.29 a year earlier.

Revenues amounted to EUR74.7 million, down 2.2 percent from EUR76.3 million, with a significant reduction in Asia compared to 2022, "which had, however, benefited from an extraordinary project characterized by exceptional volumes," the company wrote in a note.

Adjusted Ebitda fell to EUR25.4 million from EUR30.6 million a year earlier. This decrease is mainly attributable to the lower business volume achieved in the period and the slight deterioration in the mix of products sold, which led to a decline in margins, also linked to the lower percentage margins generated by subsidiaries.

Ebitda was EUR23.9 million from EUR30.5 million in 2022.

Ebit as of December 31, 2023 was EUR16.8 million from EUR24.7 million in the previous year, down 32 percent.

Net financial debt was EUR29.4 million, down from EUR13.5 million as of Dec. 31, 2022.

FUM's stock closed Thursday in the green by 0.7 percent at EUR5.62 per share.

By Chiara Bruschi, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Go to the original article.
Legal disclaimer

Latest news about Franchi Umberto Marmi S.p.A.

Futures up; wait for Eurozone PMI	Apr. 23	AN
Mib bearish; DiaSorin closes ahead of all	Apr. 22	AN
ITALY GROWTH WINNERS & LOSERS: FUM bullish; Plants at new low	Apr. 22	AN
Franchi Umberto Marmi's warrants are not exercisable in April	Apr. 02	AN
FUM reports profit and revenue down in 2023; there is dividend	Mar. 28	AN
Franchi Umberto Marmi S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 27	CI
Franchi Umberto Marmi's warrants are not exercisable in March	Mar. 01	AN
Franchi Umbero Marbles, revenues slightly down in 2023	Feb. 15	AN
Milan rises to 31,500; Prysmian leads the way	Feb. 15	AN
Mib rises; UK and Japan in technical recession	Feb. 15	AN
Indices up; London best after inflation data	Feb. 14	AN
FUM, warrants are not exercisable in February	Feb. 01	AN
Franchi Umberto Marmi S.p.A. acquired 50% stake in Ingegner Giulio Faggioni Carrara Srl from Giulio Vanelli Marmi - La Civiltà del Marmo Srl.	Jan. 21	CI
FUM, warrants are not exercisable in January	Jan. 03	AN
Europeans up; UniCredit at bottom of Mib.	23-10-30	AN
Stock markets mixed; Brent crude above USD89	23-10-30	AN
Mib closes down, no boost from results	23-10-27	AN
Futures await lists in red	23-10-19	AN
Mib down; Nexi bullish on CVC interest	23-10-18	AN
ITALY GROWTH WINNERS & LOSERS: Iervolino top; expert.ai trailing	23-10-18	AN
Deodato on top; FUM gives ground.	23-10-04	AN
Franchi Umberto Marmi's warrants are not exercisable in September	23-10-02	AN
FUM in half year down profit and revenues; Middle East sales slow down	23-09-19	AN
Europeans open flat; MPS tops on Mib.	23-09-19	AN
Europeans to open slightly lower	23-09-19	AN

Chart Franchi Umberto Marmi S.p.A.

Duration

Period

More charts

Company Profile

Franchi Umberto Marmi SpA is an Italy-based company specialized in the provision of Carrara white marble in blocks, slabs and other different shapes. It offers a wide range of marble varieties extracted from quarries in the surroundings of Carrara. It also manages a showroom. Its product offering incudes a variety of different decorative indoor and outdoor products, such as benches, lamps, vases and fountains, among others.

Sector

Home Furnishings

More about the company