Results were considerably up in Q1 2021 YoY, and above our expectations
Salcef posted a strong set of results in Q1 2021 YoY, above our estimates: revenues were up by around 38% YoY, EBITDA +24%, EBIT +19% and net profit +41%. The main drivers were: the consolidation of Delta, ca. EUR 8m contribution in terms of revenues; sound growth on a like-for-like basis, more than 20% YoY; a reduction in margins due to the higher incidence of international activities, which are characterised by lower marg ....
14 May 2021
A strong set of results, more to come
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A strong set of results, more to come
Results were considerably up in Q1 2021 YoY, and above our expectations
Salcef posted a strong set of results in Q1 2021 YoY, above our estimates: revenues were up by around 38% YoY, EBITDA +24%, EBIT +19% and net profit +41%. The main drivers were: the consolidation of Delta, ca. EUR 8m contribution in terms of revenues; sound growth on a like-for-like basis, more than 20% YoY; a reduction in margins due to the higher incidence of international activities, which are characterised by lower marg ....