(Finance) – The Board of Directors of GELa company listed on Euronext Growth Milan and active since 1979 in the domestic-residential and industrial water treatment sector, examined the turnover as of 31 December 2023, not subject to legal audit, which is equal to approximately 15.5 million EUR.
As of December 31, 2023, total revenue is down about 10% compared to the figure for 2022 (17.2 million).
The reduction in revenues – explains the company in a note – is mainly attributable to the industrial sector which recorded a turnover of Euro 0.9 million as of 31 December 2023 compared to 2.2 million in 2022. The residential market remains solid with a turnover of 14.6 million as of 31 December 2023.