Almawave – Revenues up significantly in 2023 9ms | Almawave
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8 November 2023

Almawave – Revenues up significantly in 2023 9ms

The Board of Directors of Almawave S.p.A., an Italian enterprise listed on the Euronext Growth Milan (Ticker: AIW), a member of the Almaviva Group and a Data& Artificial Intelligence player, today approved the 9M 2023 consolidated results, which report revenues of Euro 40.2 million, up 21.2% on the same period of the previous year.

Almawave’s Chief Executive Officer Valeria Sandei stated, “Almawave’s results for the first nine months of 2023 are proceeding solidly, as we continue on a strong trajectory within a market that offers great opportunities, in Italy and worldwide. The growth achieved in the nine months, in fact, is supported by the development of our business not only domestically, but also internationally on markets such as LATAM and EMEA – particularly in Africa – that continue to expand, opening up new opportunities. Technological and innovation development also continues, targeting the verticalsectors, including through the acquisitions completed. All of these elements allow us to confirm a positive outlook, while remaining firmly focused on achieving all our growth objectives.”

International market business development continued to strongly advance (+39,4% YoY). Overseas revenues in fact in 9M 2023 account for 14.4%, increasing on 12.5% in the same period of the previous year.

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