BoD approves Q1 22 results

Board of Directors of Emak S.p.A.

Approved consolidated results for the first quarter 2022: revenues up by 16.8%

Revenues from sales: € 190.2 million compared to € 162.9 million in the first quarter 2021.

EBITDA adjusted (*): € 27.3 million compared to € 26.4 million in the first quarter 2021.

EBIT: € 21.1 million compared to € 21.2 million in the first quarter 2021.

Consolidated net income: € 16.9 million compared to € 15.3 million in the first quarter 2021.

Net negative financial position (*): € 192.9 million (€ 153.8 million excluding IFRS16) compared to € 148.4 million at 31 March 2021 and € 144.3 million at 31 December 2021.