Izertis earns 4.7% more in the first semester and increases its income by 45%, to 59.9 million

MADRID, 2 Oct.

Izertis earns 4.7% more in the first semester and increases its income by 45%, to 59.9 million

MADRID, 2 Oct. (EUROPA PRESS) -

The technology multinational Izertis obtained an attributable net profit of 2.1 million euros in the first half of 2023, which represents an increase of 4.7% compared to the profits recorded in the same period of the previous year, as reported by this Monday the company to BME Growth.

Izertis increased its total revenues by 45% in the first six months of the year, to 59.9 million euros, while it recorded a gross operating result (Ebitda) of 8.5 million euros, 61% more than last year. one year.

Along these same lines, the company's normalized Ebitda increased by 64% compared to the first half of 2022, reaching 9 million euros, "which represents the practical achievement of the objective set in its 2023 strategic plan," as highlighted. the company.

Izertis has explained that these results are a consequence of its growth strategy, which combines the integration of companies with the capabilities already existing within the organization, "positioning itself in a segment of high added value at the technological forefront."

The company has highlighted that it has reinforced its technological capabilities and improved its operational structure, which is why its level of organic growth in this first half has been higher than that obtained in the same period of the previous year.

The firm has also detailed that in the first half of 2023 it has exceeded 1,700 employees, distributed in offices in 9 different countries, also developing projects in more than 50 countries.

In this context, Izertis has presented its new 'Plan 2027', in which it has set the objective of reaching 250 million euros of total revenue and 33 million euros of normalized Ebitda, combining an organic and inorganic growth model. .

The company has highlighted that the new plan is "ambitious, although backed by a long history of almost 27 years of uninterrupted growth in which the challenges posed have been successfully overcome."

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