(Finance) – The Gibus Group closed the 2022 financial year with revenues equal to 83.9 million euros, +15.4% compared to 72.7 million euros in 2021. The positive performance – explains the company – is attributable to both organic growth (+9.7%) and the contribution of Leiner Group, acquired
on September 30, 2022 and consolidated from October 1, 2022.
EBITDA stood at 19 million euros, +4.4% compared to 18.2 million euros in 2021 (EBITDA margin equal to 22.6%, compared to 25.0% in 2021). L’EBIT is equal to 15.3 million euros, compared to 16.2 million euros in 2021, after amortization and depreciation equal to 3.1 million euros (2.0 million euros in 2021) due to the effect of the important investments made in recent years and the depreciation of the elements allocated during the purchase price allocation phase for 590 thousand euro.
The Pre-tax result is equal to 17.5 million euros, compared to 18.8 million euros in 2021.
L’Net income amounted to 10.3 million euros, compared to 14.0 million euros in 2021, net of taxes equal to 7.2 million euros, an increase compared to 4.8 million euros in 2021 due to some technicalities related to the consolidation of the purchase price allocation which led to the allocation of deferred tax liabilities for 2.3 million euro.
There Net Financial Position it is equal to 22.6 million euros; the change compared to 31 December 2021 (-17.3 million euros) reflects both the important investments made by the Group in 2022, with the acquisition of the Leiner Group, and the distribution of dividends for 5.0 million euros.
The Board of Directors resolved to propose to the Shareholders’ Meeting the following allocation of the profit for the year, equal to Euro 14,069,881.46: Euro 2,495,764.50 to dividend through the distribution of a gross dividend of 0.50 euro per share, relating to the no. 5,008,204 outstanding ordinary shares, net of treasury shares, which will be updated on the ex-coupon date; Euro 11,574,116.96 to the extraordinary reserve.
The detachment coupon no. 4 will be May 2, 2023 (record date May 3, 2023) and the dividend will be paid starting May 4, 2023. The dividend yield is equal to 3.60% compared to the last closing price, while the payout ratio is equal to 17.7%.
(Photo: Fragment)