(Alliance News) - Comal Spa reported that it ended 2023 with net profit up 23 percent to EUR4.1 million from EUR3.4 million as of Dec. 31, 2022.

Value of production in the period was EUR136.2 million, up 75% from EUR77.8 million in 2022.

Ebitda in the period is EUR10 million, up 45% from EUR6.9 million in 2022.

Ebit is EUR8.3 million from EUR5.8 million and up 44%.

Net financial debt is EUR30.2 million compared to EUR19.2 million as of December 31, 2022.

The order backlog as of Dec. 31 was about EUR328 million. After also new acquisitions for the realization of photovoltaic plants, the order backlog rises to about EUR346 million.

By Claudia Cavaliere, Alliance News reporter

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