Halfyear results 2023

Income Statement   
Consolidated, non-audited key figures   
(million euro)June 30, 2023 June 30, 2022          Change
 6M 6M 
Revenue206.7171.220.7%
Operating profit (EBIT)20.612.268.6%
EBITDA 124.712.892.4%
Financial result-0.5-1.3-64.9%
Share in result of associates and companies consolidated under equity method1.80.988.5%
Profit before taxes21.911.984.7%
Income tax expense-4.9-3.155.3%
Profit of the period from continuing operations17.18.795.2%
Result from assets held for sale-0.1-0.1-23.4%
Result attributable to non-controlling interest0.3-0.3-196.4%
Consolidated result attributable to owners of the parent16.78.987.1%
Net cash flow 2   
    
Balance sheet   
Consolidated, non-audited key figures   
(million euro)June 30, 2023Dec 31,
2022
          Change
 6M12M 
Equity247.0170.644.8%
Net financial debt (+)/ net cash (-) 3-23.1-11.5100.2%
Assets held for sale0.50.5-1.9%
Total assets422.8340.924.0%
    
Consolidated, non-audited key figures per share   
(euro)June 30, 2023June 30,
2022
          Change
 6M6M 
EBITDA 12.851.6473.8%
Profit before taxes2.521.5265.8%
Consolidated result attributable to owners of the parent (EPS)1.931.1567.8%
Net cash flow 22.401.20100.0%
Equity25.6521.9317.0%
Number of shares (end of period)9,631,4087,776,95423.8%
Number of shares (average)8,684,5517,807,18511.2%

 

1 EBITDA (Earnings before Interest, Taxes, Depreciation and amortization) = Operating profit (EBIT) + Depreciation, amortization, write downs on trade receivables and contract assets, write downs on inventory, changes in provisions

2 Net cash flow = Consolidated result attributable to owners of the parent + Depreciation, amortization, write downs on trade receivables and contract assets, write downs on inventory, changes in provisions

Net financial debt (+)/Net cash (-)= Borrowings (non-current and current) + government grant - financial fixed assets at amortized cost - financial fixed assets at fair value through OCI - cash and cash equivalents