(Finance) – Claboa company listed on Euronext Growth Milan and active in the sector of professional display cabinets for ice cream parlors, pastry shops, bars, cafes and hotels, has signed a financing contract for 3.3 million euros with Banca Progetto. The loan has a duration of 96 months and the rate that regulates the loan is equal to the 3-month Euribor plus a spread of 525 bps. The operation is supported by a guarantee issued by SACE as part of the “Supportitalia” program.
The funds, we read in a note, are intended for finance a complex investment plan in Research and Development for projects relating to the green transition (F-Gas) and the renewal of the parent company’s product range, which have already been partly carried out during 2023.
“We have undertaken a significant investment program which will lead us, by 2024, to definitively abandon CFC gases (so-called Freon) with high environmental impact in favor of natural gases such as R290 of natural origin and CO2 systems – commented the ‘CEO Pierluigi Bocchini – Furthermore, on the occasion of the next Rimini fair (SIGEP 2024), Clabo will present a revolutionary project in the field of conservation and display of artisanal ice cream, capable of reducing energy consumption by up to 30% compared to traditional display cases as well as to guarantee much better preservation by eliminating the effect of defrosting and reducing the temperature fluctuation range in the tank by over 50%.
“Next January 30th we will present the KPIs relating to the year just ended, but I can already tell you what we have forecasts were achieved in terms of both Net Sales and EBITDA – he added – We also estimate the NFP Adj at 31 December 2023 to be approximately 31 million euros, a significant reduction compared to 33.1 million euros at 30 September 2023 and 34.9 million euros at 31 December 2022″.