(Finance) – Met.Extra Groupan investment holding company listed on Euronext Milan, closed on 2023 with Revenues from sales consolidated, decreasing by 8% compared to the previous year, equal to 45.92 million euros (49.94 million euros in 2022). In particular, sales deriving from the blend line amounted to 43,344 thousand euros (46,787 thousand in 2022), while sales deriving from the shredding line amounted to 2,579 thousand (3,152 thousand in 2022).
The Gross Operating Margin amounts to 5.87 million euros, or a gross margin of 12.5% on revenues (6.27 million euros in 2022 with a gross margin of 12.4% on revenues). The Consolidated net result amounts to 2.97 million euros (3.36 million euros in 2022). The net result also benefits from the contributions obtained following investments in capital goods aimed at the 4.0 transition for approximately 262 thousand euros (non-recurring components).
There net financial position consolidated as at 31 December 2023, it records an increase of 10.09 million euros compared to 31 December 2022 and presents a negative balance of 3.77 million euros compared to 13.85 million euros in the previous year.
(Photo: Towfiqu barbhuiya on Unsplash)