Biesse, 9 month results slightly down

Biesse 9 month results slightly down

(Finance) – Il Biesse Group in the first 9 months of 2023 reported consolidated net revenues of 595.7 million of Euro (-2.9% compared to the same period of 2022), while EBITDA stood at 62.7 million euros (-11.4%) and EBIT after non-recurring events at 28.1 million euros (-36.4%) .

The period ends with a Net income of 16 million euros, down 35.7% compared to 30 September 2022. Net Financial Position aSeptember 30, 2023 positive for 90.1 million euros, including the impact of 19.8 million euros (increased debts) deriving from the application of IFRS16.

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