(Finance) – B&C Speakersa company listed on Euronext STAR Milan and active in the design, production, distribution and marketing of electroacoustic transducers for professional use, closed the first nine months of 2022 with consolidated revenues equal to € 58.11 million (+ 83% compared to € 31.75 million in the first nine months of 2021), Consolidated EBITDA equal to 13.82 million euros (+ 127% compared to 6.08 million euros in the first nine months of 2021) and a useful equal to 7.91 million euros (an increase compared to 3.53 million euros in the first nine months of 2021).
The third quarter of 2022 determined for the group record levels both in terms of quantities sold and in terms of turnover realized. “In particular, this level of turnover was made possible by an important growth in volumes, + 51% compared to the same period of 2021, while the remaining part of the growth is motivated by a better sales mix and the effect of ‘increase in prices made necessary to partially offset the increased costs of raw materials “, reads the note on the accounts.
There Net financial position total is negative and equal to 11.2 million euros against a negative value of 3.91 million at the end of the 2021 financial year. This trend is motivated by the need to finance the net working capital, in particular the inventories, to in the face of the very strong recovery in demand.