Its turnover plunged to RON6.7 million in January-June 2023, from RON70.7 million in the same period of 2022.
The company’s EBITDA was a negative result of RON2.5 million, lower than a negative result of RON13 million in the first half of 2022. It is the third consecutive first half-year when Vivre Deco has announced losses at the level of the net result. The financial results for the first half of 2023 are marked by the company’s entry into insolvency at the end of the first quarter, on March 6, 2023.
At the Bucharest Stock Exchange, VIV26E bonds are traded at 3.8% of their initial nominal value of 100%, while VIV25E bonds are traded at 7.5% of the nominal value, as per stock market data.