Tinexta, results up in 2021

Tinexta results up in 2021

(Finance) – The Group Tinexta closes the 2021 financial year with revenues equal to 375.4 million euros (+ 39.5% compared to 2020) while the adjusted EBITDA amounted to 98.7 million, equal to 26.3% of revenues.

The Operating income and theNet income they amount respectively to 56.9 million euros and 39.6 million euros, equal to 15.2% and 10.6% of revenues. The lower increase in profitability compared to revenues – explains the company in a note – “is determined by the different mix of sales, and in particular by the participation in the consolidated revenues of the Cyber ​​Security BU, whose results are in line with expectations, but the whose activity is still in the start-up phase, and by the lower volumes of activity related to the pandemic, as better explained below in the comments on the BU results “.

2021 ended with positive results. The strength acquired by our Group in terms of size, skills and breadth of the offer allows us to look to the future with confidence, despite the serious international crises “, declared the President Enrico Salza.

L’net financial debt amounts to 263.3 million, an increase of 171.3 million compared to 31 December 2020.

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