(Alliance News) - Caleffi Spa announced Wednesday that it has approved its results for the year ended Dec. 31, 2022, having reported a net profit of EUR2.3 million from EUR3.4 million in the same period last year.

Revenues stood at EUR59.3 million from EUR60.8 million as of Dec. 31, 2021.

Ebitda is EUR6.3 million from EUR8.0 million in 2021.

Net financial debt is EUR12.8 million from EUR12.7 million in the same period last year.

Caleffi trades in the red by 0.9 percent at EUR1.09 per share.

By Claudia Cavaliere, Alliance News reporter

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