(Tiper Stock Exchange) – ELES Semiconductor Equipmenta company listed on Euronext Growth Milan and a provider of semiconductor device testing solutions, closed the first semester of 2023 with consolidated sales revenue (taking into account the acquisition of CBL Electronics and its investee since October 2022) equal to 14.6 million euros, up 44% compared to the same period of the previous year (+9% on a like-for-like basis).
The share of revenues for services it stands at approximately 10.6 million (+95%) and is equal to 72% of consolidated sales revenues. The incidence of theexportequal to 57% of consolidated sales revenues.
“The results expressed by ELES in the first semester confirm the group’s expectations with respect to the external growth strategycarried out successfully last year – commented theCEO Francesca Zaffarami – Under the profile of ordinary management, we are working hard to improve the margins of the typical business, deriving from a rationalization of the development and production process; the internal digital transformation process constitutes, among other things, a preparatory accelerator for the pursuit of this objective”.
“In terms of extraordinary management, on the other hand, we believe that the skills expressed by the company’s management in the CBL integration process represent an element of solid comfort in the continuation of the external growth strategyin order to structurally oversee new industries and business verticals, and orient the model towards recurring services and revenues”, he added.