(Finance) – I revenues consolidated preliminary financial statements for the first quarter of 2024 Nuscoa company active in the production and marketing of internal doors and window frames in wood, PVC, aluminum and iron under the “NUSCO” brand, amount to approximately 12.3 million Euros, approximately +11% compared to 11.1 million Euros registered as of March 31, 2023, of which €4.3 million generated by Pinum Doors & Windows.
The order book to be paid by the Group as of 31 March 2024 is in line with the previous quarter and is equal to approximately 12.3 million Euros, of which 5.5 million Euros deriving from the activities of Pinum Doors & Windows.
“The results of the first quarter of the current financial year confirm once again that the development strategy undertaken by the Group is constantly growing both in terms of turnover and business consolidation. The increase in revenues achieved during 2023, also supported by the first three months of this financial year, was supported, in particular, not only by the increase in volumes sold, but also by careful and long-term planning of research and investment policies increasingly focused on energy efficiency and the sustainability and durability of products, in line with current needs and policies. Among other things, this positive trend was achieved despite the uncertainties that have characterized both the real estate and construction sectors in the last two years.” – Commented Guerino Vassalluzzo, President and CEO of Nusco. – “The Group wants to continue in this direction and the recent decision by the shareholders’ meeting to approve the free capital increase for all our shareholders is a natural act not only of gratitude towards those who believe in our project, but also of continuity with respect to the opportunity to strengthen and continue to invest to grow”.