Ambromobiliare worsens half-year loss; revenues drop

(Alliance News) - Ambromobiliare Spa on Friday reported revenues in the first half of the year of EUR877,000 from EUR922,000 in the same period last year.

As of June 30, the loss stood at EUR41,000 from a loss of EUR3,000 in the first half of 2022.

Ebitda is negative and amounted to EUR54,000 from EUR57,000 as of June 30, 2022.

Net financial position is slightly positive, however, registering a decrease of about EUR327,000 from positive EUR329,000 as of December 31, 2022 to positive EUR2,000 as of June 30.

Ambromobiliare on Friday closed 7.8 percent in the red at EUR1.77 per share.

By Claudia Cavaliere, Alliance News reporter

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