Sella Group, 9-month profit of 124 million euros. Collection and uses are growing

Sella Group 9 month profit of 124 million euros Collection and

(Finance) – Il Sella Group closed i first nine months of 2024 with a consolidated net profit equal to 124.1 million euros, compared to 140.6 million euros in the same period last year, which was affected by the capital gain deriving from the strategic partnership with the Group Sesaequal to 20 million euros gross. Net of this non-recurring component, profit increased by 2.4%. Again net of the effects of the aforementioned corporate transaction, the profit pertaining to the parent company, which excludes the share pertaining to third-party shareholders present in the shareholding structure of various group companies, was equal to 95.3 million euros, growing by 7.4%.

The interest margin stood at 422.4 million euros, up by 6.5% compared to September 2023 (equal to 396.7 million euros) intermediation margin reached 798.6 million euros, recording an increase of 6.9% compared to September 2023.

The jobs they continued to grow, reaching 11.5 billion euros (+5.3% compared to September 2023). There collection global growth recorded constant growth, reaching 63.2 billion euros (+19.2% compared to September 2023) with positive global net funding flows since the beginning of the year amounting to 4.9 billion euros, of which 1.5 billions of euros in assets under management. THE’Net Npl Ratio it was equal to 1.5% (it was 1.7% in September 2023 and 1.6% at the end of 2023).

tlb-finance