Basicnet S.p.a.MIL: BAN

BAN: Revenues up 2.5% YoY, EBITDA stable, and net financial position with banks at zero

· Issued by Basicnet S.p.a.

Consolidated revenues grew 2.5% year-over-year to €303.4 million, with adjusted EBITDA at €39.8 million and a strong Q3 driven by wholesale orders. Net financial position with banks improved to zero, aided by the K-Way transaction and strategic capital allocation.

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