(Finance) – The shareholders’ meeting of TXT e-solutionsan Italian IT company listed on Euronext STAR Milan, examined e approved the draft financial statements as at 31 December 2021. Consolidated net profit for 2021 was € 7.8 million, while consolidated net revenues were € 96.4 million (up 40.2% compared to 2020). EBITDA was 14.5 million euros, up 69.6% compared to 2020. The shareholders approved the allocation of the net profit to reserve of retained earnings.
Furthermore, the assembly approved the Report on the Remuneration of the directors and the relative remuneration, in addition to having renewed the authorization to purchase, for a period of 18 months, of own actions up to a maximum of 20% of the share capital. As of today, the company holds 1,345,463 in its portfolio, equal to 10.34% of the shares issued.
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