(Finance) – Solid World Groupa company listed on Euronext Growth Milan and active in the digital technologies, 3D printing and additive manufacturing sectors, closed the first half of 2023 with Revenues from sales and services equal to 33.1 million euros (+9.3% compared to the first half of 2022), EBITDA equal to 2.8 million euros (2.5 million in the first half of 2022) with an EBITDA margin of 7.8% (in line with the previous year), and operating result consolidated amount of 0.4 million euros (+35.5%).
“2023 was a year of strong expansion and important investments for our group – commented the president Roberto Rizzo – We started in January by inaugurating a new office in Dubai to open up to the Middle Eastern markets. We have acquired SolidFactory, our subsidiary which implements digital 4.0 production systems. We have started the mass production of Electrospider, a bioprinter capable of replicating human tissues and organs, creating an ad hoc production plant with qualified personnel, with a focus on regenerative medicine. We have carried out some acquisition operations which have allowed us to increase our customer base and enter a new sector, that of renewable energy”.
“These investments were possible also thanks to the listing process on Euronext Growth Milan which allowed us to raise the necessary capital to invest in the growth of the group and in the opening of new areas of activity, seizing the opportunities that the extremely dynamic (but at the same time uncertain) scenario presented to us – he added – This transformation has made SolidWorld a technological group present in different sectors and business lines, united, thanks to 3D technology, by the drive for innovation, digitalization and automation”.
L’Net financial debt (debt) is equal to 12.8 million euros at 30 June 2023, compared to 12.3 million at 31 December 2022.