Thank you! Yes, this is something I need to check. I try to make the articles last for years although with the changing times it is a challenge.
The latest available information is that the value of industrial production in 2023 was €109M (€92M) and energy works €9.8M (€102M). Therefore, during 2023 industrial production was 92% (previously 47%).
The net result for the year 2023 was negative by -€2.5M precisely because of the modification of the Superbonus programme. The company has had to make provisions of millions of euros as a result.
However, I am optimistic about the company as it is a setback that I did not expect, but it is temporary and sooner or later the company will recover. It is still at a valuation of 2-3x PER.
Let's see how the next news and quarterly results develop.
I think here is a number missing:
"Approximately % of income comes from industrial activity"
Note: According to newspaper reports, Ms. Meloni has discontinued the 110% super bonus program.
Thank you! Yes, this is something I need to check. I try to make the articles last for years although with the changing times it is a challenge.
The latest available information is that the value of industrial production in 2023 was €109M (€92M) and energy works €9.8M (€102M). Therefore, during 2023 industrial production was 92% (previously 47%).
The net result for the year 2023 was negative by -€2.5M precisely because of the modification of the Superbonus programme. The company has had to make provisions of millions of euros as a result.
However, I am optimistic about the company as it is a setback that I did not expect, but it is temporary and sooner or later the company will recover. It is still at a valuation of 2-3x PER.
Let's see how the next news and quarterly results develop.