(Finance) – iVision Techa company listed on Euronext Growth Milan and active in the design and production of eyeglass and sunglasses frames, closed on first half of 2023 with an increase of 2%. Production value compared to the same period of the previous year, going from 4.8 million to 4.9 million euros in the reference period. Also growing Revenues from saleswhich amount to 4.4 million euros, compared to 3.3 million at 30 June 2022.
L’EBITDA increases by 214.5% compared to the same period of 2022, going from 0.3 million to 1 million euros (the incidence compared to the value of production increases from 6.5% to 20.0%). The Net income for the period was equal to 0.1 million euros, an increase compared to the loss of 0.2 million in the same period of the previous financial year.
“We are very satisfied with the results of the first half of the year which demonstrate solid growth which, in perspective, also seeing the start of the second half of the year, sees us positive and confident towards the end of the financial year – commented theCEO Stefano Fulchir – Production, research and innovation will continue to be our primary assets, to which we have also started to add acquisitions. The recent operation with which we took over the Henry Jullien and Henry Jullien Manufacture brands consolidates our strategic positioning in the emblematic territories of world-famous eyewear and gives us new impetus also in the field of finished products”.
L’Net financial debt at 30 June 2023 it was equal to 3.6 million euros; as of December 31, 2022 the figure was 2.9 million. The increase is mainly due to the taking out, during the period, of a new loan of 1.7 million, in order to support growth, partly offset by the increase in liquid assets, and debts to suppliers that have been overdue for over 60 years. days and to expired employee contributions, for 0.5 million, which are fully paid as of the date of this press release.