(Alliance News) - Cellularline Spa announced on Thursday that it closed the first quarter of the year with

a net loss of EUR200,000, narrowing from a loss of EUR800,000 in the same period of 2025.

Adjusted net profit amounted to EUR1.3 million, up from EUR400,000 in the first quarter of 2025.

Sales revenues stood at EUR32.4 million, remaining stable year-on-year.

Adjusted EBITDA came in at EUR3.3 million, also in line with the first quarter of 2025.

Net financial debt was EUR9.6 million, down from EUR12.6 million as of December 31, 2025.

Furthermore, the company announced that the board of directors has confirmed Christian Aleotti as vice-president and CEO, and has approved the plan for the merger by incorporation of the subsidiary Coverlab Srl into Cellularline.

By Chiara Bruschi, Alliance News reporter

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