BF, profit of 5 million in the half-year

BF profit of 5 million in the half year

(Finance) – BF closes the first semester with a production value which amounts to 718 million compared to Euro 453 million recorded in the first half of 2022. The growth – explains the company in the accounting notes – is attributable to the increase in volumes, the change in the consolidation perimeter and the effects of integration between the investee companies .

EBITDA amounts to Euro 40 million compared to Euro 21 million recorded in the first half of 2022, consistently with the increase in the value of production.

L’EBIT stands at Euro 16 million, compared to Euro 7 million in the first half of 2022, after having recognized amortization and depreciation of Euro 20 million, compared to Euro 14 million in the first half of 2022, due to the entry into operation of the new investments and the expansion of the scope of consolidation

The Net income positive is equal to Euro 5 million compared to a positive net result of Euro 4.2 million in the first half of 2022.

Financial debt net goes from Euro 180 million at the end of 2022 to Euro 234 million at 30 June 2023.

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