(Alliance News) - Met.Extra Group Spa reported Thursday that it saw revenues rise to EUR31.1 million from EUR26.0 million in the first half year on a year-on-year basis.

Sales revenues rose to EUR30.7 million from EUR26.0 million while Ebitda increased to EUR3.7 million from EUR3.2 million.

Net income was EUR2.0 million from EUR1.8 million while earnings per share were EUR0.40 from EUR0.37 in the previous year.

Consolidated net financial position as of June 30 shows a negative balance of EUR5.4 million compared to a negative balance of EUR13.9 million as of December 31, 2022. Cash generated from operations during the period amounted to EUR9.3 million, confirming the group's cash generation capacity.

Met.Extra Group's stock closed Thursday unchanged at EUR3.00 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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