Il Sole 24 Ore is back in profit. CEO Cartia: improvement trend in margins and NFP continues

Il Sole 24 Ore is back in profit CEO Cartia

(Finance) – The group Only 24 hours closes the first semester with a return toprofit of 5.4 million euros (the result was negative by 0.4 million as at 30 June 2022), an improvement of 5.8 million.

THE revenues consolidated amounts to 104.6 million euros, in line with 30 June 2022. TheEbit is positive for 8.5 million euros (positive for 2.3 million as at 30 June 2022), an improvement of 6.2 million.

There net financial position is negative by 29.2 million euros, an improvement of 14.6 million compared to the negative 43.8 million euros at 31 December 2022.

Mirja Cartia d’AseroCEO of the Company, at the end of the first half of 2023 commented: “After the return to profit in the 2022 financial statements, the 24 ORE Group continues to show a trend of improvement in its marginsalso net of non-recurring income and expenses, further strengthening the net financial position”.

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