(Finance) – The BoD of Saccheria Brothers Franceschetti approved the draft financial statements as at 31 December 2022 which closed with revenues which amount to 23.2 million euros, up by approximately 20% compared to 19.3 million euros in 2021 (2021 pro-forma revenues equal to 19.3 million euros).
The Gross Operating Margin (EBITDA) amounted to 2.4 million euros, an increase of 74.6% compared to 1.4 million euros in 2021 (2021 pro-forma EBITDA equal to 1.7 million euros).
The Net Operating Margin (EBIT) is equal to 1.8 million euros, +90.5% compared to 0.9 million euros in 2021 (2021 pro-forma EBIT equal to 1.1 million euros), after amortization and depreciation for 0 .6 million euros (0.4 million euros in 2021 and 0.6 million euros in the 2021 pro-forma).
The Net Profit amounted to 1.2 million euro, +79.2% compared to 0.7 million euro in 2021 (2021 pro-forma net profit of 0.8 million euro), after taxes of 0.5 million euro euro (0.3 million euro in 2021 and pro-forma 2021).
L’Net financial debt (NFI) is equal to 5.3 million euro, an improvement compared to 8 million euro as at 31 December 2021 (2021 pro-forma NFI equal to 8 million euro).
The Board of Directors resolved to propose to the Shareholders’ Meeting the following allocation of the profit for the year, equal to Euro 1,238,259.12: Euro 57,660.00 to the legal reserve; Euro 817,728.62 to the “retained earnings” reserve; Euro 362,870.50 as a dividend, through the distribution of a gross ordinary dividend of Euro 0.041 per share, relating to the no. 8,850,500 ordinary shares outstanding.
The detachment coupon no. 1 will be May 8, 2023 (record date May 9, 2023) and the ordinary dividend will be paid starting May 10, 2023. The dividend yield is equal to 2.73% compared to the last closing price of the share Saccheria as at 22 March 2023, while the payout ratio is equal to 29.30%.