(Finance) – In the first nine months of the year, the Group Salcef has registered revenues consolidated amounts of 567.9 million, with a growth of 47.2% compared to the same period of 2022.
Consolidated EBITDA stood at 115.5 million, an increase of 49.1% compared to the first nine months of 2022. The EBITDA margin stood at 20.4%, in line with expectations and with what was recorded at June 30, 2023.
L’EBIT consolidated amount stands at 77.3 million, up 51.7% despite higher depreciation of 10.1 million due to the entry into operation of new plants and machinery invested in both during 2022 and in the first nine months of 2023 .
L’Adjusted Group Net Profit is equal to 51.7 million, up 32.9% compared to €38.9 million in the first nine months of 2022, mainly due to the higher EBIT and lower adjusted financial expenses, partially offset by higher adjusted income taxes .
There Adjusted Net Financial Position at 30 September 2023 it was positive for 7.1 million compared to 26 million at the end of 2022, mainly due to the payment of dividends of 30.8 million.
Predictable evolution of management
In light of the results of the first nine months of the year and the solidity of the Group’s order book, “volume growth for 2023 is expected to be between 30% and 35% compared to 2022. From a profitability point of view, it is expected a trend in line with what was recorded in the first nine months of the year, taking into account the current inflationary dynamics in Europe”