Baraclit posted all-time-high ’23 revenues

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Baraclit achieved exceptional results in 2023, marking a year of significant growth and operational success. Key highlights include:

In 2023, Baraclit’s revenues surged by 25%, reaching over €116 million. Net profit was more than € 5 million. These figures reflect the company’s robust market position and effective management of complex projects.

Despite challenges in project complexity and variable administrative approval times, Baraclit maintained high production levels throughout the year. Factory operations were consistently robust, with site activities intensifying in the second half of the year. In particular, the BEST (Building, Energy, Service, Technology) division saw significant growth, completing major turnkey projects for prestigious clients. The division’s portfolio of high-value and complex orders continues to expand, highlighting its ongoing improvement and market success.

Baraclit’s commercial operations thrived, supported by comprehensive territorial coverage and favorable market conditions driven by the National Recovery and Resilience Plan (PNRR). By the end of the fiscal year, Baraclit’s net financial position (NFP) was positive (“in cash”), with financial assets exceeding liabilities by €9.6 million. This marked an improvement of €12.6 million, attributed to regained profitability and efficient working capital management.