(Alliance News) - Centrale del Latte d'Italia Spa reported Tuesday that it closed the first quarter with revenues virtually unchanged year-on-year, at EUR81.9 million from EUR81.8 million in the same period last year.

Ebitda also moved little, to EUR7.3 million from EUR7.4 million, while operating income rose to EUR3.6 million from EUR3.1 million.

Net income, on the other hand, increased 20 percent to EUR1.9 million from EUR1.6 million in last year's first quarter. Pre-tax income, on the other hand, showed an increase to EUR2.6 million from EUR2.3 million.

Net financial debt was in line with that of 2023, rising to EUR41.2 million as of March 31 from EUR41.5 million at the end of December.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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