(Finance) – The Group Pierrel closed the first three months of 2022 with consolidated revenues equal to approximately Euro 6 million, a decrease of approximately 8% compared to approximately Euro 6.5 million achieved in the corresponding period of 2021 and a EBITDA consolidated positive for approximately Euro 1.2 million, a decrease of approximately 30% compared to March 31, 2021, when it was positive for approximately Euro 1.7 million.
The value of the main economic indicators (gross revenues and EBITDA) of the Pierrel Group at 31 March 2022 – reads the note of the accounts – is in line with the forecasts estimated by the Company’s management and approved by the Company’s Board of Directors on 27 April. .
L’EBIT (operating result) of the Pierrel Group as at 31 March 2022 was positive for approximately Euro 0.7 million, after having recognized depreciation of approximately Euro 0.4 million, with a significant worsening compared to the corresponding figure of 31 March 2021, when it was positive for approximately Euro 1.4 million, after depreciation of approximately Euro 0.4 million.
Net financial debtwhich includes current financial debt of approximately Euro 3.8 million (approximately Euro 1.7 million at 31 December 2021) was approximately Euro 15.3 million, an increase of approximately 15% compared to 31 December 2021, when it was equal to approximately Euro 13.2 million.