(Alliance News) - Xenia Hotellerie Solution Spa on Monday reported that it ended 2023 with net profit up to EUR1.4 million from EUR900,000 as of Dec. 31, 2022, up 56 percent.

Revenues in the period stood at EUR50.3 million from EUR45.4 million in 2022, up 11 percent.

Ebitda in 2023 was EUR4.6 million from EUR3.6 million, up 28%.

Net financial position was EUR6.2 million, an improvement from EUR10.1 million as of Dec. 31, 2022.

On Monday, Xenia Hotellerie Solution closed in the green by 2.3 percent to EUR2.72 per share.

By Claudia Cavaliere, Alliance News reporter

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