(Finance) – Mittel closes the first semester with a positive net result for Euro 3.6 million, in line with Euro 3.6 million at 30 June 2023 net of the Zaffiro Group sale transaction, confirming overall the solid performance of the Group’s investment verticals.
THE Revenues consolidated are equal to Euro 84.7 million, a significant increase compared to Euro 67.3 million at 30 June 2023 net of the contribution of Gruppo Zaffiro) driven by the Windows and Doors sector which brings the Group a turnover of Euro 21.8 million.
The management EBITDA for the period amounted to Euro 7.9 million (Euro 6.5 million at 30 June 2023), growing due to the contribution of the Windows and Doors vertical, for Euro 3.2 million, to which is added the further improvement of the Automotive sector which stood at Euro 3.7 million (Euro 2.6 million at 30 June 2023).
There net financial position consolidated, excluding the financial debts recognized pursuant to IFRS 16 related to the rights of use on leasing and rental contracts, which became significantly positive in the 2023 financial year and amounted to Euro 74.4 million, at 30 June 2024 it stood at Euro 64.8 million, a decrease compared to the comparison period mainly due to the dividend distributed by Mittel.