Altia earns 7.25 million until June, almost double that of a year before, and increases its income by 63.6%

MADRID, 17 Oct.

Altia earns 7.25 million until June, almost double that of a year before, and increases its income by 63.6%

MADRID, 17 Oct. (EUROPA PRESS) -

The Galician technology consultancy Altia recorded a net profit of 7.25 million euros in the first half of 2023, 95.8% more than in the same period of the previous year, as the company reported to BME Growth this Tuesday.

Altia entered 115.9 million euros until June, which represents an increase of 63.6% compared to the first half of 2022, fulfilling almost 54% of what was planned for this year. The company has highlighted its "positive performance", mainly due to greater demand for outsourcing and maintenance services.

The consulting firm increased its gross operating result (Ebitda) by 91.3% between January and June 2023, up to 12.5 million euros, due, on the one hand, to the increase in income from the integration of Wairbut and Bilbomática and On the other hand, to the synergies derived from the integration process, "which have translated into a general improvement in results in all the group companies," the company has detailed.

Altia has recalled that among the main events of the first half of 2023 is the sale by the Indian investor Ram Bhavnan of his 5.66% stake in the technology company to Incio Inversores, the holding company controlled by Josefa Ortega, the sister of the founder of Inditex, Amancio Ortega, for around 11 million euros.

As the company has detailed, the participation of Ram Bhavnani and the people linked to him reached 6.8079% of the share capital as of June 30, 2023.

Likewise, Altia has assured that no significant milestones have occurred after the close of the first half of 2023.

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