Slovenia's Cetis net profit declines in 2023

Sales revenue rose to 125.4 million euro from 119.2 million euro, as 28% were generated on the domestic market, the company said in a filing with the Ljubljana bourse on Monday.

The earnings before interest, taxes, depreciation and amortisation (EBITDA) declined to 21 million euro in 2023 from 22.8 million euro in the previous year, the company said.

The company is active in security and commercial printing, including the printing of ID documents, lottery tickets and cards as well as in packaging and labels. It is part of MSIN Group which employs more than 1,200 people in its companies.

($ = 0.9344 euro)