(Finance) – Tesmeca company listed on Euronext STAR Milan and active in the construction of infrastructures relating to the transport of electricity, data and materials, has consolidated revenues equal to 113.3 million euros, a sharp increase compared to the 96.9 million euros at 30 June 2021. This change is mainly attributable to the performance of Railway and Trencher sectors, explains the company, adding that the recovery in volumes is concentrated in the Trencher and Rail sectors, while the Energy sector remains stable but with a better mix. TO geographic levelthe group recorded a better contribution of sales in Italy and a confirmation of the primary role of the American and European market.
L’EBITDA is equal to 18.7 million euros, an increase compared to the 13.7 million euros at 30 June 2021. TheNet income is equal to 7.9 million euros, an increase compared to 1 million euros at 30 June 2021, also thanks to a positive impact of the currency trend. L’Net financial debt is 133.1 million euros, up both compared to 121 million euros at 31 December 2021 and compared to 119.4 million euros at 31 March 2022, in particular following the increase in working capital.
“Tesmec has registered the best semester in its history with an increase in all the reference economic indicators, despite an international context that is still uncertain due to the tensions associated with the conflict in Ukraine, the increase in the prices of raw materials and energy and the criticalities on supply chains “, commented L’AD Ambrogio Caccia Dominioni.
“We confirm the forecasts for the year 2022 and the guidelines of the 2020-2023 Business Plan, with positive expectations in reference to the net result – he added – In the second half of the year, we are also confident in a reduction in net financial debt “. Expected revenues exceeding 240 million euros, a EBITDA percentage higher than 16%, EBIT and net result in line with market expectations with a reduction in Net Financial Debt.