In this enlightening investor relations presentation, Marco Parisi, the Head of Investor Relations for the stock-listed company SECO SpA, shares important updates from the first quarter of 2023. As an investor, you’ll appreciate the deep dive into the record-breaking financial results, including the organic growth, which witnessed a 28% leap.
The report is rich with data, revealing a net sale of €54.6M and a gross margin of €26.0M within the first three months of 2023. An adjusted EBITDA of €12.0M and an adjusted Net income of €4.5M, which show substantial growth compared to the same period in 2022, is also highlighted.
Marco also touches on the successful €6.4M revenue generated by the CLEA business, contributing to the company’s impressive performance. The report goes further into the regional growth of sales volumes, particularly in EMEA, USA, and APAC regions, and the increase in edge computing revenue. A special mention is also given to the 75% growth of the CLEA business.
The presentation wraps up with an insight into the company’s future, announcing a capital increase of €65.0M reserved for 7-Industries B.V.
Reviews for SECO SpA Financial Results Q1 2023 | Record-Breaking and Future Outlook with IR