(Finance) – OVS closed the year 2021 with sales and EBITDA at pre-Covid levels and with record cash generation.
In detail, the net sales they grew to 1.359 billion, + 33.4% compared to 2020 and substantially in line with the values of 2019, with a market share rising to 9.3%.
L’adjusted EBITDA amounted to 147.2 million, an increase of over 74 million compared to 2020, with an ebitda / margin of 10.8% (7.2% in 2020).
The adjusted net result amounts to 44.8 million. A dividend of € 0.04 per share has been proposed.
The operating cash flow was positive for 129.8 million plus 81 million from the capital increase completed in July.
There adjusted net financial position it stood at -190.3 million, more than halved compared to -401.1 million on January 31, 2021 and about 120 million better than the pre-pandemic.