Intercos, revenues for the first nine months of € 597.1 million

Intercos revenues for the first nine months of E 5971

(Finance) – I Net revenues from Intercos at 30 September 2022 they amounted to 597.1 million, an increase of 23% (+ 18% at constant rates) compared to the first nine months of 2021. The growth – explains a note – further increased in the third quarter of the year, reporting revenues of € 229.1 million, an increase of 34.1% (+ 29% at constant rates) compared to the same period of 2021. The very positive trend in order entry also continues.

Adjusted EBITDA of 84.4 million rose 19.6% (+13.8 million) compared to the first nine months of 2021. The third quarter saw a marked increase in profitability, reporting an incidence of Adjusted EBITDA on net sales by 15.6% (+ 240Bps compared to the first six months of 2022 and + 10Bps compared to the third quarter of 2021).

There Net financial position equal to 116.2 million, an improvement of 63.9 million (including net income deriving from the IPO of 37.5 million) compared to 30 September 2021.

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