(Finance) – Nexi It closes 2024 with a profit of relevance of 731 million euros, up 4.1%, while i revenues They stood at 3.5 billion, increased by 5.1% compared to the previous year. The Ebitda was 1.8 billion, uphill of 7.1% and the Ebitda Margin stood at 53%, with an increase of 101 basis points, “also thanks to the faster realization of efficiency and synergies in light of the group’s integration”.
In the fourth quarter only Of 2024 the revenues stood at 942.4 million, growing 3.7% compared to the same period of 2023, the Ebitda was 513.3 million, an increase of 6.7% and the Ebitda Margin reached 54%, with an increase of 153 basic points.
To 31 December the Net financial position Gestionale stood at 4.971 billion, while the net/Ebitda financial position ratio decreased to 2.7 times (2.4 excluding the buy-back share program performed in the year).
Guidance
For 2025, Nexi sees Low-to-Mid-Mid-to-Digit A/A, “influenced by exceptionally high impacts relating to the sale of aquiring business by some banks and renegotiations of relevant contracts in terms of size”; an expansion of the eBitda margin of at least 50 basis points a/a; A generation of excess cash of at least 800 million euros.
Detach the first coupon
Starting From 2025, Nexi will start the distribution of dividendsplanning to increase the amount over time. Specifically, for 2025, the next assembly of shareholders to be held on April 30, 2025 will be called to deliberate regarding a distribution of dividends (ordinary dividends for scholarships according to the provisions of the Italian stock exchange) equal to 300 million euros (€ 0.25 dividing per share) and, by virtue of the conviction that the current price of the action does not reflect the value of the group in full, of their own shares equal to 300 million to be performed in the year. For 2025, therefore, “the total return of capital to shareholders will be equal to 600 million (+20% compared to 2024), equal to an implicit return of 10% considering the current price of the action.
“In 2024, We continued our growth path in all geographies and business areasgenerating more and more cash thanks also to a constant focus on operational efficiency. At the same time, we continued to invest in innovative products, modern technological platforms and strategic skills, further strengthening the future growth of the group, “he commented Paolo Bertoluzzo, CEO of Nexi Group. “2024 was an important year in Nexi’s path, as we started to return capital to our shareholders, we obtained the status of investment Grade, and at the same time we continued to reduce our lever. Looking at 2025, We expect to continue growing and expanding our margins, By further increasing our generation of cash and continuing to invest with great conviction in the growth potential of digital payments, a strategic sector for the future of Europe. With a view to a perspective of continuous and resilient growth also for the next few years, we intend to return to our shareholders, from now on, most of the excess case, at the same time committing ourselves to maintaining investment grade status. Already from this year We will begin to distribute a dividend significant that we plan to increase over time. For 2025 we will propose at the next shareholders’ meeting a return of capital of 600
Millions of euros, of which 300 million euros in dividends and an additional 300 million euros through a program for purchasing their own shares “.