Exprivia, revenues and EBITDA up in 9 months

Exprivia revenues and EBITDA up in 9 months

(Finance) – Expriviaa company listed on Euronext Milan and active in the development of innovative software technologies and the provision of IT services, closed the first nine months of the year with revenues to 133.5 million euros, an increase of 6.7% compared to the 125 million in the same period of 2021.EBITDA stands at 18 million euros, equal to 13.5% of revenues, an increase of 4.9% compared to 17 million in 2021. The pre-tax result to 11.7 million euros, an increase of 14.5% compared to 10.2 million in 2021.

The company speaks of a “double-digit growth in almost all markets served“and an important growth in revenues on international markets, in particular in China and Brazil, with + 30%, where the activity of consolidating the business of important Italian groups operating locally continues.

In Italy stand out for their performance, Defense and Aerospace with + 17%, a sector where Exprivia is at the forefront of the Iris Earth observation program starting in the coming months, Industry with + 16%, where there is a good performance also thanks to the effects of Industry 4.0 policies, Public administration with + 14%, a sector characterized by the thrust of PNRR and Oil & Gas with + 13%.

L’Net financial debt amounted to -29.5 million euros, compared to -26.5 million at 31.12.2021 and 36 million at 30 September 2021.