(Tiper Stock Exchange) – Caltagironelisted on Euronext Milan and operating in the sectors of cement and manufactured goods production, major works, publishing, real estate and finance, closed first half of 2023 with a Net income equal to 127.8 million euros, up by 25.1% compared to the first half of 2022, of which 68.9 million euros pertaining to the group (+25.4% compared to the first half of 2022).
THE revenues they amounted to 976.3 million euros (962.5 million euros as at 30 June 2022), an increase of 1.4%. The Gross operating margin was positive for 200.4 million euros, up 42% compared to the corresponding period of 2022 (141.2 million euros) mainly due to the improvement in profitability in the cement sector.
L’Net financial debt is equal to 108.4 million euros (230.9 million euros at 30 June 2022), an improvement of 122.5 million euros mainly due to the positive cash flow of the group Cementir and for dividends received on listed shares, net of investments in listed shares, bonds and dividend distributions.
(Photo: © Veerasak Piyawatanakul)