Home » Caleffi, net profit in 2023 fell to 1.9 million euros

Caleffi, net profit in 2023 fell to 1.9 million euros

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Caleffi, net profit in 2023 fell to 1.9 million euros

The Caleffi company announced that it concluded the 2023 fiscal year with a net profit of 1.9 million euros, highlighting a decrease compared to the 2.3 million euros achieved in the previous year.

According to an official note, the company’s revenues stood at 59.1 million euros, showing a slight decline compared to the 59.3 million euros of 2022. EBITDA stood at 5.3 million euros, down from 6.3 million euros the previous year, while EBIT reached 2.9 million euros, compared to 3.7 million euros in 2022.

The level of net financial debt, calculated according to IFRS 16 standards, rose to 14.7 million euros, marking an increase from 12.8 million euros at the end of 2022. The data released today reflects the challenges and dynamics of the market that Caleffi had to face during the year, while still maintaining a solid financial structure.

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