(Alliance News) - Alkemy Spa announced Friday that the board of directors reviewed the group's consolidated revenue for 2023, which was EUR118.0 million up 11 percent from EUR106.6 million in 2022 due to the group's change in scope from the previous year and organic business growth.

Adjusted Ebitda for FY2023 was EUR13.0 million up 10 percent from EUR11.8 million in the previous year, mainly due to revenue growth, with an adjusted Ebitda margin of around 11 percent in line with 2022.

"2023 was a positive year for Alkemy, both because of the results achieved in terms of growth despite the macro environment and because we completed important integration initiatives on the international level and optimization of the internal structure in Italy. Precisely in Italy we have been working to start 2024 with an industry-oriented organization: in fact, each client will have an industry expert as a reference, who will be able to focus on the offer and on potential cross-selling, with expected benefits especially in terms of client portfolio management," commented CEO, Duccio Vitali.

"We are also looking ahead to 2024 aware that for an increasing number of companies the conviction is maturing that the integration of artificial intelligence solutions into their activities is now essential. In this context, our well-established background and offering of AI solutions allow us to present ourselves as a reliable all-round partner," concluded the Ad.

Alkemy's stock closed 1.3 percent in the red at EUR11.80 per share.

By Chiara Bruschi, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved.