(Alliance News) - SIF Italia Spa reported that in the first half of the year it recorded a value of production of EUR4.4 million, up 5.0 percent from EUR4.2 million in the same period last year.

As of June 30, consolidated net income stood at EUR815,000 from EUR1.0 million in the first half of 2022.

Ebitda amounted to EUR1.4 million from EUR1.5 million as of June 30, 2022.

Net financial position stood at EUR323,000 as of June 30 from EUR2.9 million as of Dec. 31, 2022.

The company specified that "in the press release the relevant comments will cover both the group as a whole by including the Visibilia group following the enlargement of the scope of consolidation in June, and the group alone as always represented in past press releases with reference

mainly to the condominium administration business," the company explained in a note.

SIF Italy on Thursday closed 1.2 percent in the red at EUR3.30 per share.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2023 Alliance News IS Italian Service Ltd. All rights reserved.