(Alliance News) - Bellini Nautica Spa on Wednesday reported that it closed the first half of the year with a profit of EUR430,000 up from EUR320,000 in the first half of last year.

As of June 30, sales revenue was EUR5.2 million, up 27 percent from EUR4.1 million in 2022.

Ebitda was EUR780,000 up from EUR750,000 in the first half of 2022.

Ebit amounted to EUR600,000 up 4.2% from the period ended June 30, 2022.

Net financial debt as of June 30 was EUR3.5 million, compared to EUR2.2 million recorded as of December 31, 2022.

Group net backlog as of Sept. 27 was EUR4.3 million, consisting of 12 boats, including 5 Vintage Riva, 1 Riva Aquariva and 6 Cranchi boats including 4 new and 2 used.

From the close of the first half of the year to Sept. 27, the company has invoiced 2 Cranchi boats 1 new and 1 used, 3 Vintage Riva and 1 Riva Aquariva for a total of EUR1.4 million approximately.

Bellini Nautica on Wednesday closed in the green by 3.8 percent at EUR1.92 per share.

By Claudia Cavaliere, Alliance News reporter

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