(Alliance News) - SOL Spa reported that consolidated sales in the first quarter of the year amounted to EUR384.9 million, up 5.2 percent from EUR365.9 million as of March 31, 2023.

The company let it be known that the positive result was attributable to both the performance of sales abroad, which amounted to EUR232.6 million, and sales made in Italy, which amounted to EUR152.3 million.

Specifically, the Technical Gas Division achieved sales of EUR195.0 million, a slight decrease of 2.4 percent compared to the first quarter of 2023 entirely due to lower electricity prices in Europe.

In comparable terms, Technical Gas sales increased 3 % year-on-year.

The Home Medical Care Division, in which the group operates through Vivisol, realized a significant increase in new patient prescriptions.

Sales in this division were EUR189.9 million, a significant growth of 14 percent.

SOL trades in the red by 0.4 percent at EUR34.70 per share.

By Claudia Cavaliere, Alliance News reporter

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