(Alliance News) - RCS MediaGroup Spa reported Friday that it ended 2023 with revenues of EUR828.0 million from EUR845.0 million as of Dec. 31, 2022.

Ebitda in the period stood at EUR136.2 million from EUR118.5 million in 2022.

Net financial debt was EUR23.4 million from EUR31.6 million as of Dec. 31, 2022.

The company reported that at the end of December, the group's titles reached an active digital customer base of more than one million subscriptions with 595,000 for Corriere della Sera, 214,000 for Gazzetta, 136,000 for El Mundo and 82,000 for Expansion.

RCS MediaGroup trades in the green by 0.4 percent at EUR0.75 per share.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved.