(Finance) – RESa company listed on Euronext Growth Milan and active in the circular economy and environmental sustainability sector, closed the first half of 2023 with a production value equal to 9.8 million euros, a EBITDA Adjusted equal to 2.4 million euros, an Adjusted EBITDA Margin of 23.8% and a Net income consolidated amount of 0.9 million euros.
“During the first half of 2023, despite a macroeconomic context that is anything but stable, our group has continued its growth path in its reference market both in terms of revenues and margins – commented theAD Antonio Lucio Valerio – Over the course of the year, we continued to invest in our future, in research and development activities and in the construction of new production plants, becoming the first Italian private operator to have internalized the entire value chain and able to oversee every phase of life of waste”.
L’financial debt adjusted negative (cash) amounted to 6.2 million euros (4 million positive at 31 December 2022).
(Photo: Scott Graham on Unsplash)