Vimi Fasteners, first | Hebei Fasteners Group

(Alliance News) - The board of directors of Vimi Fasteners Spa on Thursday reported that the first half ended with consolidated revenues of EUR31.2 million, up 18 percent from EUR26.3 million in the same period last year.

The Vimi group's order backlog as of June 30, due by Dec. 31 and net of the revenue realized in the first half of the year, amounted to EUR26.8 million, compared to EUR24 million recorded as of June 30, 2022.

Adjusted Ebitda as of June 30 was worth EUR4.1 million, up from EUR2.4 million a year earlier.

Net Debt as of June 30 was EUR26.6 million, compared to EUR14.1 million recorded as of Dec. 31, 2022.

On Thursday, Vimi Fasteners closed 2.9 percent in the red at EUR1.33 per share.

By Claudia Cavaliere, Alliance News reporter

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