Portobello, strong growth in 2022 results

Portobello strong growth in 2022 results

(Tiper Stock Exchange) – Portobello the phase of strong growth continued, recording a production value of 130.5 million Euros (+48% compared to 88.2 million Euros as at 31 December 2021) . Consolidated adjusted EBITDA, equal to EUR 24.6 million as at 31 December 2022, is improving
compared to the value as at 31 December 2021, equal to Euro 16.5 million, with a change of 48%.

L’EBIT consolidated report a reduction of 2.9% settling at 13.5 million Euros against 13.9 million Euros as at 31 December 2021, but net of the extraordinary component it would be equal to 19.9 million Euros with an increase compared to the previous year by 43.2%.

The Consolidated Net Result as at 31 December 2022 it stood at 7.7 million euros, with a reduction of 13.1% compared to the same period of 2021 which ended at 8.8 million euros, but net of the extraordinary component and the related tax effect it would be equal to 14 million Euros with a growth of 59.5% on the year 2021.

Net financial debt total is equal to 42.4 million euros (17.3 million euros as at 31 December 2021), while the current financial debt is equal to 16.2 million euros.

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