(Telestock) – Landis Renzo closed the first half of the year with consolidated revenues equal to 139.1 million euros, down from 151.8 million in the same period of the previous year. TheEBITDA adjusted stands at 0.1 million euros, compared to 3.9 million at 30 June 2023.
The positive result registered in second quarter 2024 (positive adjusted EBITDA of 0.5 million) is improving and offsets the negative result registered in first quarter of the year (negative adjusted EBITDA of 0.5 million in the first quarter). “The results of the first six months of the year, although below expectations if compared to the same period of the previous financial year, reflect an improving trend: in the second quarter of 2024”, he underlines Stephen LandisPresident of the Group.
The consolidated net result it’s negative for 18.5 million euros, compared to the negative net result of 20.9 million at 30 June 2023.
There Net Financial Position Group is negative and equal to 135.3 million euros compared to 112.4 million at 31 December 2023.