(Alliance News) - VNE Spa reported Tuesday that it closed 2023 with a loss of EUR1.1 million from a pro forma profit of EUR49,500 as of Dec. 31, 2022.
Value of production for the period was EUR13.5 million, down 18 percent from RUR16.4 million in 2022 pro-forma.
Ebitda as of December 31 was EUR1.1 million, down 56 percent from EUR2.5 million in 2022 pro-forma.
Ebit was negative EUR719,480 from positive EUR349,086 in 2022 pro-forma.
Net financial debt is flat at EUR2.5 million from EUR4.8 million in December 31, 2022 pro-forma.
VNE is flat at EUR2.58 per share.
By Claudia Cavaliere, Alliance News reporter
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