ABP Nocivelli, half-year report as at 31 December 2022 showing strong growth

ABP Nocivelli half year report as at 31 December 2022 showing

(Tiper Stock Exchange) – ABP Nocivellia company listed on Euronext Growth Milan and specialized in the construction of technological systems and Facility Management services, registered revenues equal to 41.8 million euros in the half year ended 31 December 2022, up by 75.7% compared to 31 December 2021. TheEBITDA was 9.2 million (+28.6%) andNet income of 5.9 million euros (+18.2%). There net financial position it is cash positive for Euro 45.2 million (cash positive for Euro 35.4 million as at 31 December 2021 and Euro 39.7 million as at 30 June 2022).

“Was a extremely positive semester especially from the point of view of services and contractswhich have allowed us to reach an excellent level of margins despite a complex panorama especially in the construction sector, with the increase in the cost of materials – commented theCEO Nicola Turra – Particular satisfaction derives from the achievement of Terna’s supplier qualification for a plafond of orders equal to 25 million euros, and from the award, at the end of 2022, of two Consip tenders for a total value of 37 million euros”.

“We are very confident of being able to continue our growth path in 2023thanks also to the realization of possibilities linked to the PNRR – he added – We operate in a market, that of energy efficiency, which is in turmoil, where we want to continue to be protagonists”.

As of December 31, 2022, the Order portfolio of the group up to 30 June 2031 is equal to approximately 650 million euros (not including the consolidated turnover at 31 December 2022).

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