(Alliance News) - TrenDevice Spa reported that it ended 2023 with a value of production of EUR21.0 million, essentially unchanged from the previous year.

In contrast, Ebitda more than doubled to EUR2.0 million from EUR745,000 a year earlier while operating loss improved to EUR624,000 from EUR1.3 million in 2022.

The company also closed 2023 with a loss, but with the liability reduced to EUR817,000 from the net red of EUR1.4 million a year earlier.

Net financial position shows debt of EUR4.7 million versus EUR5.6 million as of Dec. 31, 2022, and net patriomnity drops slightly, to EUR3.0 million from EUR3.1 million.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved.