Beghelli returns to profit in 2021. Turnover + 16%

Beghelli returns to profit in 2021 Turnover 16

(Finance) – I Net revenues consolidated financial statements for 2021 of Beghelli amounted to 148 million euros, an increase of 20.7 million (+ 16.2%) compared to 127.3 million in 2020.

The Gross Operating Margin (EBITDA) stood at 15.1 million while the Operating income (EBIT) was positive for € 6.8 million (with a loss of € 2.3 million at 31/12/2020).

L’Net income attributable to the shareholders of the parent company is equal to 3.1 million against the loss of 8.9 million as at 31/12/2020.

Net financial debt at 31 December 2021 was 42.8 million, down by 11.8 million compared to 31 December 2020.

Outlook 2022
Beghelli expects for the year 2022, “in the absence of extraordinary elements, also connected to the current conflict in Ukraine”, an increase in revenues consolidated compared to 2021, accompanied by an improvement inEBITDAwith levels of financial debt in reduction, “in an overall framework of business sustainability”.

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