(Alliance News) - The board of directors of TXT e-solutions Spa on Wednesday approved operating results as of March 31 showing a net profit of EUR4.1 million, up 41 percent from EUR2.9 million in the first quarter of 2023.

Revenues increased 28 percent to EUR67.1 million from EUR52.3 million as of March 31, 2023.

Ebitda is EUR8.8 million, up 28% from the first quarter of 2023 when it was EUR6.8 million.

Ebit was EUR6.1 million, up 36 percent from Q1 2023 when it was EUR4.5 million.

Consolidated adjusted net financial debt as of March 31 was EUR28.1

million, down from EUR31.4 million as of Dec. 31, 2023.

TXT e-solutions' stock rises 2.3 percent to EUR22.70 per share.

By Chiara Bruschi, Alliance News reporter

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