Caleffi, 2022 turnover drops to 59.2 million euros (-3%)

Caleffi 2022 turnover drops to 592 million euros 3

(Tiper Stock Exchange) – Caleffia company listed on Euronext Milan and specialized in the production and marketing of luxury items for the home, closed 2022 with a sales equal to 59.2 million euros, down by 3% compared to the 60.8 million euros finalized at 31 December 2021. TheEBITDA is higher than 6 million euro, with an incidence of approximately 10%, compared to 8 million euro as at 31 December 2021.

L’CEO Guido Ferretti he speaks of “results that we believe to be of great value, since they were achieved in an extremely difficult year, characterized by the Russo-Ukrainian war, sanctions, inflation and restrictive monetary policies”.

“Not over yet price tensions of commodities and the energy crisis – he adds – The Covid issueswith the new post-epidemic normality which sees the home as always the protagonist and priority in consumer spending, as it is considered a safe place, while outside there is only uncertainty”.

L’Net financial debt it is equal to approximately 12.8 million euros, compared to 12.7 million as at 31 December 2021; not considering the debt attributable to the accounting standard IFRS16, the net financial debt is equal to 5.9 million euros, compared to 5 million euros as at 31 December 2021.

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