(Alliance News) - The following stocks are the best and worst performers on Italy Growth Tuesday afternoon in Piazza Affari.
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WINNERS
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UCapital 24 leads the list with a 14 percent rise after announcing Monday evening that the board of directors approved its 2022 results, reporting a net loss of EUR744,000 an improvement of 43 percent from a loss of EUR1.3 million in the year 2021. Value of production amounted to EUR2.4 million up 139% from EUR983,000 in 2021. The board also approved a 2023-2025 development plan indicating total revenues between EUR5.0 and EUR6.0 million. The Ebitda margin is expected to be in the range of 33% to 38% in 2025, and the Net Financial Position as of 2025 is expected to be cash in the range of EUR1.5 million to EUR2.0 million.
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Pozzi Milano also did well, up 9.4%, extending gains of 13% in the last month and 50% in the last six months.
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LOSERS
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Fenix Entertainment gives up 11% in the second session of the week ending with the release of PMI's quarterly results.
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High Quality Food drops 9.9%. The stock has lost 9.2% in the last month and gained 0.9% in the last six months.
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By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter
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