(Finance) – TPSa company listed on Euronext Growth Milan and active in the sector of technical and engineering services in the aeronautics and automotive fields, closed 2021 with revenues equal to 37.6 million euros, 21% higher than the 31 million in 2020 thanks to the commercial and operational activity carried out by the group in engaging the recovery of the industrial sectors in which it operates. L’EBITDA was equal to 7.6 million euros, an increase of approximately 45%, with a EBITDA margin 20% (17% in 2020). L’adjusted net profitconsidered net of extraordinary charges mainly referring to the exit of some figures no longer necessary for the group’s industrial project, it is equal to 3.7 million euros.
“2021 highlights the restart of the growth path and development of our group – commented the president Alessandro Rosso – This despite the fact that the year has experienced significant problems still linked to the pandemic, creating situations that have slowed down or postponed some projects we are working on. The company in these two years however, it has been able to reorganize itself by increasing competitiveness, flexibility and quality levelmanaging to develop services that are increasingly capable of creating added value for our customers “.
“The economic and financial results of 2021 are there demonstration of the solidity and sustainability of the path started – he added – A solidity based on the trust that our customers place in us every day, on the competence and professionalism of our employees and on the management skills of the management. These elements make us a winning group capable of facing new and increasingly demanding challenges “.
The Board of Directors resolved to propose the distribution of a gross dividend of € 0.06 per share in circulation, according to the following calendar: ex-date of the dividend (so-called ex-date) 9 May 2022, date of entitlement to receive the dividend (so-called record date) 10 May 2022 and date of payment of the dividend (so-called payment date) 11 May 2022. The net financial position consolidated, before the application of IFRS 16, is improving, going from (7.9) million euros in 2020 to (16.8) million euros in 2021.