MILAN, Sep 12 (Class Editori) — EdiliziAcrobatica continues its positive trend. In August, the value of contracts signed reached 10.9 million euros (+30.2%), rising from the 8.37 million euros registered in 2021. The performance of the Italian franchise network was also positive: from 2.59 million euros in August 2021 to 3.37 million euros in the same month of 2022, with an increase of 30.1%.
“I am deeply satisfied with our performance in August,” CEO and Founder of EdiliziAcrobatica, Riccardo Iovino, stated. “It is well known for being a month in which Italians go on holiday and, for our sector, this means a period in which we do not sign any new contract, but we continue working on the existing ones”.
Growing profits and revenues
For the company specializing in exterior renovations using double safety ropes, positive signs have been coming since the first half of 2022. As of June 30, in fact, EdiliziAcrobatica had posted revenues of 70.14 million euros, up by 95.9% from 35.8 million euros a year earlier. The company ended 2021 with a net profit of 11.08 million euros (1.75 million euros in 2020) and consolidated revenues rose to 87.67 million euros (+89.9%). Results that prompted the Board of Directors to propose the distribution of a dividend of 30 cents per share, up by 87.5% from 2020.
In terms of internal growth, as of August 31, the Group reached a total of 1,564 employees, 25.6% more than the same period in 2021, when there were 1,245. EdiliziAcrobatica is also close to 120 operational areas, spread across France, Spain and Monaco. As was the case in Italy, EdiliziAcrobatica France also closed the month of August with a positive performance: the value of contracts signed rose by 220,000 euros compared to 140,000 in 2021 (+57.1%).
Double listing
EdiliziAcrobatica, considered by analysts to be one of the lowest risk companies in its target cluster, has been listed on the Euronext Growth Milan market since November 2018 and on the Euronext Growth Paris market since February 2019. On the Italian list, the stock trades at 14.98 euros (+2.89%) and on the French list at 14.80 euros (+0.68%).
(Source:Class Editori)
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