Fininvest, 2021 profit exceeds pre-pandemic level. Dividends of 150 million to the Berlusconi family

Tinexta results up in 2021

(Finance) – The shareholders’ meeting of Fininvest, holding company of the Berlusconi familyapproved the 2021 financial statements closed with a profit of 361.2 million compared to the loss of 27 million in the previous year, which discounted the cancellation of the accounting of the dividends of the subsidiaries due to the pandemic – and examined that consolidated which showed an increase in revenues of over 10%a positive ebit equal to 374 million (with a profitability which rose from 6 to almost 10%) and a profit of around 360 million, more than doubled compared to 141.2 million in 2020 and a marked improvement also on 2019 (220.3 million).

“The heavy uncertainties that weigh on the first part of 2022 at a global level cannot in the least affect the excellent results achieved by the Fininvest Group in the course of 2021” – underlines Fininvest in a note -. “There are two main factors behind these results: the positive turnaround recorded by the economic and financial situation all over the world after the dramatic pandemic crisis, and the ability that the group had to react to the crisis in a decisive and timely manner in terms of efficiency and process improvement, thus to be ready to seize the new opportunities that the overall restart has generated “.

The Berlusconi family receives dividends for a total of 150 millionup from 100 million last year.

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