EdiliziAcrobatica closes down (-3.47%) with profitability below expectations

EdiliziAcrobatica Riccardo Banfo new president of the Board of Directors

(Telestock) – Difficult session at Piazza Affari For EdiliziAcrobaticaa company specializing in exterior renovation work and listed on Euronext Growth Milan, which during the session released the accounts for the first half of 2024The first half of the year closed with operating revenues of 70.9 million euros (-4%), EBITDA of 7.02 million euros (vs 11.05 million) and net profit of 365 thousand euros (vs 3.6 million).

The results “highlight a mixed picture: while revenues are in line with expectations, the Profitability appears to be below full-year forecasts – Value Track analysts comment – The robust OpFCF in the 1H24 generation should persist in 2H, albeit at a slower pace, contingent on near-term developments within Acrobatica Energy”.

Acrobatic construction closes in 3.47% decline and stands at 7.8 euros.

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