Tenax International, turnover of 5.3 million euros in the first quarter

Tenax International profit doubles in 2023 Revenues at 205 million

(Finance) – Tenax Internationala company listed on Euronext Growth Milan and one of the main producers in Europe of 100% electric machines for street cleaning and urban hygiene, closed the first quarter 2024 with a sales equal to 5.3 million euros, equal to 26% compared to the turnover for the entire FY 2023 (20.5 million).

The order book as of today, which also includes the turnover as of 07-05-2024, it stands at 20.3 million euros, equal to 99.3% of what was recorded in the whole of FY 2023.

The production plan approved by management provides for the fulfillment in the first half of 2024 of a portion of the backlog reported above equal to 12.4 million euros, equal to 137.7% of what was recorded in the entire first half of 2023 (9 million).

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