(Alliance News) - FAE Technology reported Thursday that it reported revenues of EUR61.7 million in 2023 from EUR39.4 million and up 56.5 percent in the previous year.

Value of production in the period stood at EUR64.8 million, up 61 percent from EUR40.3 million as of Dec. 31, 2022.

Ebitda is worth EUR6.4 million, up 63% from EUR3.9 million in 2022. Ebitda margin is at 9.8% from 9.7% a year earlier.

Net financial debt is EUR1.8 million from EUR3.5 million as of Dec. 31, 2022.

By Claudia Cavaliere, Alliance News reporter

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