OVS, first half adjusted net profit rises to 33.7 million

OVS first half adjusted net profit rises to 337 million

(Finance) – OVS ended the first semester with a adjusted net profit of 33.7 million of Euros, up 5.5% compared to the 31.9 million Euros of the first half of 2022.

The net sales of the half-year amount to 734.9 million Euros, in growth of 4.1% compared to the first half of 2022. Adjusted EBITDA stood at 86.4 million euros (11.8% of sales), an increase of 4.1 million euros compared to the same period of 2022 (82.3 million Euro, 11.7% of sales).

There net financial position adjusted as of 31 July 2023 it is equal to 242.1 million euros. In the last twelve months, the Company has distributed dividends and purchased treasury shares for a total of 41.8 million euros.

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