MAIN ECONOMIC INDICATORS ON THE RISE COMPARED TO 2020
NET FINANCIAL INDEBTEDNESS DOWN BY EURO 11.6 MILLION COMPARED TO THE PREVIOUS YEAR THANKS TO STRONG OPERATING CASH FLOW GENERATION
PROPOSED REMUNERATION OF EURO 3.3 MILLION FOR SHAREHOLDERS THROUGH THE DISTRIBUTION OF AN EXTRAORDINARY DIVIDEND FOR TOTAL EURO 0.16 PER SHARE (DIVIDEND YIELD 4.5%)
POSITIVE PERFORMANCE IN THE FIRST TWO MONTHS OF THE YEAR, IN LINE WITH EXPECTATIONS
- Revenue from sales of Euro 110.6 million (Euro 104.5 million at 31 December 2020).
- Adjusted EBITDA 5of Euro 16.1 million (Euro 15.1 million at 31 December 2020), equal to 14.6% of revenue.
- Adjusted Net Result of Euro 7.4 million (Euro 5.3 million in the period ended 31 December 2020).
- Operating cash flow of Euro 19.1 million (Euro 11.3 million at 31 December 2020).
- Net Financial Indebtedness of Euro 37.4 million (Euro 49.0 million at 31 December 2020); Leverage ratio5 down to 2.3x at 31 December 2021.
- The distribution of a total dividend of Euro 0.16 per share is proposed, to be paid partly in cash (Euro 0.05 per share) and partly through the free assignment of treasury shares in the ratio of 1 share for every 32 held.
- Proposal to authorise a new share Buy Back Plan.