(Alliance News) - LU-VE Spa reported on Friday that, in the year 2022, turnover produced as of December 31 reached EUR605million, up more than 25 percent from the twelve months of 2021. On a like-for-like basis, the growth would have been 22 percent.

The order backlog as of December 31, 2022 amounted to EUR188.8 million, up 4.8 percent from December 31, 2021. On a like-for-like basis there would have been a decrease of 4.5 percent.

LU-VE's stock on Friday was up 0.2 percent at EUR26.50 per share.

By Chiara Bruschi, Alliance News reporter

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