(Finance) – Digital Valuea company operating in ICT services listed on the Euronext Growth Milan market, closed the year 2021 with consolidated net revenues equal to 557.7 million euros, in growth of 26.1% compared to the previous year. The growth is due for +104.5 million euros to the organic growth of the company (+ 23.6%) and for +11 million (+ 2.5%) to the line-by-line consolidation of TT Tecnosistemi from
November 2021.
The 2021 results confirm the double-digit growth trend of all the group’s economic indicators, although the period is still characterized by the complexities caused by the continuing effects of the COVID-19 pandemic. EBITDA stands at 57.5 million euros, with an increase of 26.7% over 2020, confirming an EBITDA margin of 10.3%. EBIT it stood at 44.5 million with an increase of 30.9%.
The Net income of period is equal to 30.6 million euros of which 0.5 million attributable to minority interests, with a growth of 26.9% compared to 2020.
The positive net financial position is equal to 21.3 million euros and confirms a solid generation of operating cash offset in part by investments, the change in working capital and the acquisition of 51% of TT Tecnosistemi (8.5 million).