(Alliance News) - CSP International Spa reported that it ended 2023 with a net profit of EUR100,000, down from EUR500,000 as of Dec. 31, 2022.

Revenues for the period stood at EUR91.6 million from EUR94.2 million in 2022.

Ebitda administered to EUR4.2 million, from EUR5.2 million in the previous year, while Ebit stood at EUR1.5 million, from EUR2.1 million.

Net financial position is EUR400,000 from EUR4.5 million as of Dec. 3, 2022.

The company also resolved to launch a buyback plan involving a maximum of 4.0 million of its own ordinary shares that can be purchased. As of today, the company holds 1 million shares, or 2.5 percent of the share capital.

CSP International trades in the red by 0.3 percent at EUR0.29 per share.

By Claudia Cavaliere, Alliance News reporter

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