(Alliance News) - SG Co Spa on Wednesday reported an order backlog as of June 30 of EUR26.2 million, an increase of about 33% compared to the same period 2023, which was EUR19.8 million.

he order backlog value of the group's contracted orders as of the first half of the year is also equivalent to89% of the group's consolidated sales as of Dec. 31, 2023, or EUR29.5 million.

Davide Verdesca, CEO & Chairman of SG Company said, "The SG Company group continues to grow through the expansion of its business and the collaborations that are generated by the meeting and confrontation of the important professionalism at the helm of each business perimeter, supported by the commercial structure of the holding company and, where necessary, by the back office services of SG Advisory."

"We have created a functional and synergistic structure capable of amplifying the potential of each company for the creation of new value, and this is also beginning to transpire from the financial results. We are proceeding apace toward the realization of our new Business Plan 2024-2026."

SG Co gives up 1.5 percent to EUR0.26 per share.

By Claudia Cavaliere, Alliance News reporter

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