(Alliance News) - Immsi Spa reported Friday that it improved all key indicators in the first quarter, reporting a net profit of EUR15.6 million as of March 31, 2023, more than doubling from EUR5.7 million for the same period in 2022.

Consolidated revenues amounted to EUR556.4 million, the highest ever for the period and up 19 percent from EUR467.1 million as of March 31, 2022.

Ebitda is EUR77.1 million, the best value ever for the period, up 35% from EUR57.2 million as of March 31, 2022.

Ebit is EUR40.3 million up 69% from EUR23.9 million in Q1 2022.

Immsi Group's Consolidated Net Financial Position is negative EUR804.5 million, improving from negative EUR836.8 million as of March 31, 2022.

Immsi is unchanged at EUR0.57 per share.

By Chiara Bruschi, Alliance News reporter

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