DBA Group approves new plan: EBITDA at 15.9 million in 2026

Greenthesis Board of Directors approves plan to 2027 revenues up

(Finance) – The BoD Of DBA Groupa company listed on Euronext Growth Milan and specialized in network connectivity and infrastructure life cycle support solutions, approved the 2023-2026 Business Plan. The new strategy provides for the focus on two fundamental pillars: the digital transition and the energy transitionwhich are also two of the pillars of the European strategy contained in the Next Generation EU and New Green Deal EU plans.

From a financial point of view, a production value up from 85.4 million euros in 2022 to 135.7 million in 2026 (CAGR +12.3%), a EBITDA from 7.2 million euros in 2022 to 15.9 million in 2026 (CAGR +22.0%) and a EBITDA margin % from 8.5% in 2022 to 11.7% in 2026.

“What we present to the market today – comments theAD Raffaele De Bettin – is a business plan that aims at significant growth and aimportant strategic evolution, starting from our history and our current market positioning, also confirming the positive results obtained in past years. We operate in a dynamic market with great potential, and we will work to be able to fully exploit the favorable Italian economic situation, the strong demand for engineering and ICT services determined by the PNRR and the European objectives linked to the double digital and energy transition”.

“We are convinced – he added – that our positioning as leader in today’s most dynamic sectors of engineering services, and the more than 1,000 graduates and graduates in technical and IT disciplines, which we have at our disposal – and which we wish to continue to exploit – will allow us to seize growth opportunities, further strengthening our position in Italy, consolidating our position in Slovenia and the Balkans and developing new international markets in European countries: we aim to be a European player in the field of digitization and energy transition, thanks also and above all to the ability and skills of our human resources and to our structure and organization”.

The 2023-2026 Business Plan he confirms for the year 2023 i Budget 2023 values communicated on 28 December 2022: value of production equal to €105.0 million (of which €61.9 million referred to EPM services, €2.9 million referred to ICT services Italy and €40 million referred to ICT services Slovenia), EBITDA equal to 10 .3 million and the net financial position (debt) is equal to 12.3 million with a NFP/EBITDA ratio expected to decrease from 1.9x in 2022 to 1.2x in 2023.

(Photo: Towfiqu barbhuiya on Unsplash)

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