Approved results for the first half 2021

Board of Directors of Emak S.p.A.

Approved consolidated results for the first semester 2021: sales increase of 34.5%

Strong growth in second quarter sales compared to the same period of 2020: +31.3%

FY 2021 revenue guidance revised upwards

 

Revenues from sales: € 333 million compared to € 247.5 million in the first half 2020.

EBITDA adjusted (*): € 53.7 million compared to € 33.2 million in the first half 2020.

EBIT: € 42.2 million compared to € 21.8 million in the first half 2020.

Consolidated net income: € 31.6 million compared to € 10.9 million in the first half 2020.

Net negative financial position: € 125.2 million compared to € 149.6 million at 30 June 2020 and € 126.5 million at 31 December 2020.