(Finance) – The board of directors of Intermonte Partners SIMan independent investment bank listed on Euronext Growth Milan, approved the company’s draft financial statements and the group’s consolidated financial statements as at 31 December 2021. The year ended with an increase in revenues 7.7% 43.8 million euros, thanks to the positive contribution of all areas and in particular of Investment Banking and Sales & Trading. L’consolidated net profit adjusted for extraordinary charges, it recorded a growth of 17% to € 9.1 million (€ 7.8 million in 2020).
“2021 confirmed the validity of our growth strategy – commented theAD Guglielmo Manetti – we are particularly satisfied with the growth of all strategic business lines, in a very different market context compared to the previous year. 2021 was also the year of our stock exchange listing, which we believe is the starting point towards one further growth strategy, also for external linesbacked by a capital solidity that allows us to always pay particular attention to the remuneration of our shareholders “.
The BoD will propose to the shareholders’ meeting the distribution of a dividend per share of 0.26 euros, with a payout ratio higher than 90% of the net profit adjusted for the extraordinary charges of the IPO. The board also approved the launch of the buyback for a maximum of 340,000 shares for a maximum amount of 1.2 million euros.
With regards to the outlook, Intermonte states that the first two months of 2022 showed good revenue growth, driven mainly by a positive performance from the Sales & Trading and Digital Division & Advisory business units as well as a very positive contribution from the Investment Banking business unit.