Press release

The Board of Directors approves the consolidated results as of 31st march 2021

POSITIVE RESULTS IN THE FIRST QUARTER OF 2021


 Revenues: Euro 124.1 million, + 1.9% compared to 121.8 million in the first three months of 2020;
 Adjusted EBITDA1: Euro 52.3 million, + 0.1% compared to 52.3 million in the first three months of 2020, with an incidence on Revenues of 42.2%;
 Adjusted Net Profit1: Euro 26.9 million, -1.9% compared to 27.4 million in the first three months of 2020;
 Operating Cash Flow: Euro 44.3 million, + 51.3% compared to 29.3 million in the first three months of 2020;
 Consolidated Net Financial Position: Euro 544.5 million as of March 31, 2021, equal to 2.7x the Adjusted LTM EBITDA, an improvement compared to Euro 587.7 million as of December 31, 2020