Digital Bros, double-digit growth in revenues

Digital Bros double digit growth in revenues

(Finance) – In the first half of the financial year 2021-2022 i consolidated gross revenues Of Digital Bros they amounted to 55.5 million, down by 32.6% compared to 82.4 million euros.

The Gross operating margin equal to 19.7 million, compared with 35.6 million at 31 December 2020, while the Operating margin (EBIT) amounted to € 12.2 million compared to € 20 million at 31 December 2020, accounting for 22.1% of consolidated net revenues.

L’Profit before taxes is 14.7 million Euros against the 22.2 million recorded at 31 December 2020 andNet income of 10.4 million, compared with 15.9 million at December 31, 2020.

There Net financial position positive for 18.2 million euros (23.5 million net of the IFRS 16 effect)

Expected growth margins for the full year exceeding the exceptional results already achieved in the previous year (30 million EBIT) despite expected slightly lower revenues.

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