(Alliance News) - The board of directors of Enervit Spa announced Thursday that it has approved the draft financial statements for the year ended Dec. 31, 2022, having reported a net profit of EUR4.2 million from EUR3.6 million in the same period last year.

The company said it has proposed the distribution of a dividend of EUR0.13 per share up from EUR0.11 paid last year.

Revenues amounted to EUR76.3 million compared to EUR64.8 million as of Dec. 31, 2021.

Ebitda is EUR9.4 million compared to EUR8.5 million in the same period last year.

Ebit stood at EUR5.5 million from EUR4.6 million as of Dec. 31, 2021.

The group's Net Financial Position is negative EUR100,000, showing an improvement of EUR2.2 million from December 31, 2021 when it was negative EUR2.3 million.

Enervit trades in the green by 2.2 percent at EUR3.21 per share.

By Claudia Cavaliere, Alliance News reporter

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