NEW ALL-TIME HIGH IN HALF-YEAR REVENUES
Press release 30.09.2023
- NET REVENUES: €26.6 million, up 4.4% vs. €25.5 million as of June 30, 2022
- CORE BUSINESS SALES: €21.3 million +2.7% vs. 1H 2022
- AUTOMOTIVE SALES: €5.3 million +11.8% vs. 1H 2022
- EBITDA: €4.95 million, +28.7% vs. €3.85 million as of June 30, 2022
- EBITDA Margin: 18.4% vs. 15.2% in H1 2022, through increased sales prices combined with reduced energy costs (also thank to the help of the new photovoltaic system)
- NET PROFIT: €2.1 million +127% vs. €0.9 million as of June 30, 2022
- NET FINANCIAL DEBT: €8.3 million +5.6% vs. €7.8 million at end-2022 and down 17.8 percent year-on-year (€10.1 million at the end of June 2022)
- NET EQUITY: €22.4 million + 4.7% vs. €21.4 million at 31/12/2022
Gabriele Bonfiglioli, CEO of Marzocchi Pompe, commented: “We are particularly proud of the results achieved in the first half of 2023, both in terms of revenues, which again marked the best result ever, and from the perspective of operating margins. Despite a less bright market than last year and a complex global scenario, Marzocchi Pompe continued its growth path. These results give us increasing enthusiasm to invest further, not only in improving productivity and efficiency, but also in consolidating our sales presence. We will continue to strengthen our sales network and further extend the already wide range of products we offer. In addition, we will continue with the expansion works at the Zola Predosa plant, which, by the end of the year, will already allow us a first significant logistical optimization, thanks to the transfer of the shipping warehouse from the Casalecchio site"
