(Finance) – Landi Renzoa company listed on Euronext Star Milan and activates in the sector of components and methane, LNG, hydrogen and LPG power supply systems for automotive, closed the 2024 with consolidated revenues equal to 272.4 million euros (of which 189.8 million euros relating to the Green Transportation sector and 82.6 million euros relating to the Clean Tech Solutions sector), theEbitda adjusted It stands at 0.5 million euros (of which 0.2 million euros negatives relating to the Green Transportation sector and positive 0.7 million euros relating to the Clean Tech Solutions sector). Landi Renzo had closed 2023 with revenues of 303.3 million euros and an Adjusted Ebitda of 7 million euros.
There Net financial position it is equal to 94.5 million euros. The financial position net Adjusted, i.e. net of the application of the IFRS 16 – leasing international accounting principle, of the fair value of the derivative financial instruments and the debt for the Put/Call relating to the Metatron Control System quotas, is equal to 81.3 million euros.
The Board of Directors approved the project of Fusion by incorporation of the entirely controlled company Metatronoperational in the alternative fuel sector in the Mid & Heavy Duty area. In addition, the Company communicated that an agreement has been signed for the transfer of the company which includes the assembly of components (tank kit) used for the installation of LPG systems on motor vehicles produced exclusively by the group Renaultby Landi Renzo Ro, a Romanian controlled of the company, in favor of Auto-Dacia knows, for a consideration of about 500 thousand euros.