Buzzi’s H1 23 results showed net sales up by 14.3% despite a lower sales volume, thanks to price increases. The high cost of inflation was offset by price hikes, resulting in an increase to EBITDA and a 7.2pp margin increase. Costs are stabilizing in 2023, at a level higher than in 2022. As the company will focus on margin stability, we expect prices to follow a similar trend. Thanks to these strong results, Buzzi has upgraded its guidance.
