(Finance) – GPIa company listed on Euronext Milan and active in the field of information systems and health services, closed the first half of 2022 with consolidated revenues of 168.9 million euros (+ 11.2% compared to 151.8 million euros in the first half of 2021). The increase in revenues was in all the Strategic Business Areas (ASAs) and in particular 86% of these is achieved by the two main ASAs: Software and IT services and Care and administrative services (87.1% in the same period last year). L’Consolidated EBITDA reaches 17.3 million euros (+ 22.7%). The Net income is equal to 0.3 million euros, in line with that of the first half of 2021.
“In the first half of the year, revenues and EBITDA grew significantly – commented theCEO Fausto Manzana – A trend that makes us optimistic: the seasonality that characterizes us teaches us that the first six months of the year determine the quality of the acceleration that leads us to the end of the year. Added to this is the fact that this growth is almost entirely organic, a particularly significant element if we consider the global context, marked by uncertainty and market volatility “.
L’Net financial debt at 30 June 2022 it totaled 170.5 million euros, an increase of 15.1 million compared to the end of 2021. “The change reflects the group’s desire for growth through investments”, it is emphasized. During the first half of the year there were investments for 18.3 million, of which 5.3 million in research and development activities for the continuous innovation of the solutions offered, 3.1 million for M&A transactions and 5 million for subscription of a share of the CDP Venture Capital – Service Tech fund, in addition to other tangible and intangible investments. Extraordinary payments of € 10.3 million were incurred for the distribution of the dividend and extraordinary charges connected with the share capital increase.
As for theoutlookGPI expects a 2022 with an increase in both revenues and EBITDA, which is expected to reach over 345 million euros and over 52 million euros respectively.