(Alliance News) - The following stocks are the best and worst performers on Italy Growth Tuesday afternoon in Piazza Affari.

----------

WINNERS

----------

Res rises 15 percent after announcing that it closed 2023 with a net profit of EUR2.0 million from EUR1.4 million as of Dec. 31, 2022. Value of production is EUR20.7 million from EUR17.9 million in 2022 and up 15 percent. Adjusted Ebitda stands at EUR5.1 million from EUR3.3 million pro forma in 2022, up 52 percent from 2022.

----------

Palingeo also did well, up 12 percent after ending 2023 with a net profit of EUR6.7 million, up sharply from the EUR3.6 million reported in 2022. The company's value of production rose 15 percent year-on-year to EUR61.5 million from EUR53.3 million a year earlier.

----------

Up Edil San Felice, by 12 percent. The SME ended 2023 with an operating profit of EUR8.5 million, up 79% from EUR4.8 million as of December 31, 2022. Value of production amounted to EUR45.8 million, up 34% from EUR34.3 million in 2022. Ebitda in the period was EUR11.6 million, up 69% from EUR6.9 million and with an Ebitda margin of 25.2% from 20.1% in the previous year.

----------

LOSERS

----------

Illa does worst of all on the list of low-capitalization companies, edging down 10 percent and with shares far from a penny unit value.

----------

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved.