(Finance) – Arras Groupa technological company for the real estate development of second homes listed on EGM PRO, closed the first half of 2023 with a Production value equal to 1.5 million euros (compared to 1.6 million at 31 December 2022 and compared to 0.1 million at 30 June 2022), a EBITDA equal to -0.8 million euros (compared to -0.9 million at 31 December 2022 and -0.2 million at 30 June 2022) and a Net income of -0.9 million euros (compared to -0.9 million at 31 December 2022 and -0.3 million at 30 June 2022).
“The first semester has confirmed a favorable market trend relating to the sale of second homes and Arras Group is perfectly positioned to establish itself as a reference player in this sector in Sardinia and potentially throughout the national territory – declared theCEO Enrico Arras – As said on the occasion of the IPO, the listing represents an important step in accelerating the development path and projecting us towards achieving our objectives. By maintaining a continuous and transparent dialogue with our investors, we will consolidate and grow our business model and bring further and innovative expansion projects.”