Somec, profit in 2021 jumps to 10.8 million. Dividend of 0.80 euros

Somec profit in 2021 jumps to 108 million Dividend of

(Finance) – Someca company listed on Euronext Milan and active in the implementation of projects in the naval and civil sectors, closed 2021 with consolidated revenues equal to 258.5 million euros, up by 15.7% compared to the corresponding figure for 2020 of 223.4 million euros. The Seascape division recorded a + 1.4% to 134.9 million euros, while the Landscape division recorded a + 36.7% to 123.6 million euros. L’Consolidated EBITDA amounted to 23 million euros, an increase compared to the 18.7 million euros at 31 December 2020.EBITDA margin consolidated is at 8.9%, up from 8.4% a year ago. L’consolidated net profit settled at 10.8 million euros, compared to 1.4 million euros at 31 December 2020 (+ 658.5%).

“I’m satisfied with what has been achieved in financial year 2021, the year in which we strengthened both in terms of economic and financial results and of group organization – said the president Oscar Marchetto – The double-digit growth in turnover and the three-digit increase in profit, combined with the consolidation of our business segments, allow us to continue decisively in the direction outlined in the industrial plan “.

“Naval and civil facade systems and architecture, kitchen systems and products and the creation of prestigious interiors, which from the next budget will officially replace the division between seascape and landscape, represent three development areas with encouraging prospects given the growing attention of clients and architects for customization, sustainability and energy consumption – he added – To these is added the program of the newly-established company Mestieri: it will be a real aggregator of the best of Made in Italy and already this year it will bear its first fruits thanks to new orders, partnerships and possible acquisitions “.

The backlog reached a record level of 921 million euros as of December 31, 2021. TheNet financial debt is 22.5 million euros, down from 39.3 million euros at 31 December 2020. Including the IFRS 16 effect, the figure is 48.2 million euros compared to 58.3 million euros at 31 December 2020. The board of directors resolved to propose to the shareholders’ meeting the distribution of a dividend gross of € 0.80 per share.

With regard tooutlook 2022Somec states that “all divisions of the group offer reasons for comfort and optimism about the near future”. The orders in the backlog remain “extremely solid and long-termabove all by virtue of the quality of the clients, with high capitalization ratios or with strategic positioning on particularly dynamic markets and sectors “.

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