(Alliance News) - VNE Spa said Thursday evening it approved its consolidated half-year financial report as of June 30, a period ended with a loss of EUR355,000 compared with one of EUR705,000 in the same period last year.

Revenues were EUR13.1 million compared to EUR13.9 million in the first six months of last year.

Adjusted Ebitda was EUR517,000, a margin of 8 percent compared to EUR167,000 in the same period last year.

Net financial debt was EUR4.7 million, almost stable compared to the end of last December.

In contrast, shareholders' equity is EUR12.4 million, down slightly from EUR134.4 million pro forma at the end of December 2022.

VNE closed Thursday's session in the red by 3.3 percent at EUR4.08 per share

By Maurizio Carta, Alliance News reporter

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