Civitanavi Systems: Civitanavi Systems, revenues up in 2023; dividend in line with 2022

Civitanavi Systems Spa reported Thursday that it ended 2023 with adjusted net income of EUR8.0 million from EUR7.9 million as of Dec. 31, 2022, up 1.9 percent. The company proposed to pay a dividend... (Alliance News) - Civitanavi Systems Spa reported Thursday that it ended 2023 with adjusted net income of EUR8.0 million from EUR7.9 million as of Dec. 31, 2022, up 1.9 percent. The company proposed to pay a dividend of EUR0.13 per share, in line with the 2022 dividend. Total adjusted revenues stood at EUR46.0 million from EUR34.4 million in 2022, up 34%. Consolidated adjusted Ebitda in 2023 is EUR13.1 million from EUR9.9 million in 2022 with an Ebitda margin of 28.5 percent. Consolidated adjusted Ebitda is EUR11.3 million, up 28% from EUR8.9 million as of December 31, 2022. Group Net Financial Position is EUR22.5 million compared to EUR24.5 million as of Dec. 31, 2022. The company reported that the group's booking for 2023 is EUR47.5 million, up 16 percent from EUR41 million in 2022. Civitanavi Systems trades in the green by 0.2 percent at EUR4.79 per share. By Claudia Cavaliere, Alliance News reporter Comments and questions to redazione@alliancenews.com Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved.