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The Board of Directors approves the First Half results as of June 30, 2016

Milano, 28 July 2016 – The Board of Directors of Cerved Information Solutions S.p.A. (MTA: CERV) – parent holding company of the Cerved Group, the largest information provider and credit servicer in Italy – today approved the Half-Year Results as of 30 June 2016.

Marco Nespolo, Chief Executive Officer of the group, commented:

“I view positively the group’s results in the second quarter of 2016 which are in line with the guidance presented to the financial community on the 10th of May 2016. We saw growth in Revenues, EBITDA, Adjusted Net Income and Operating Cash Flow. We also closed another acquisition which, despite being small in terms of size, is relevant from a strategic standpoint.”

“As in the recent past all of the group’s divisions contributed positively to the growth. Credit Management confirmed its role as the growth engine of the group. I also highlight the positive performance of the Credit Information division, as well as the good results of the Marketing Solutions division which also benefited from the consolidation of ClickAdv in April.”

“Finally I wish to highlight the robust cash generation of the group: despite the non-recurring costs related to the Forward Start refinancing transaction and the increase in dividends, the group’s leverage ratio for the last twelve months ending 30 June 2016 stood at 3.2x, lower than the value a year ago of 3.3x.”