Another sound quarter driven by both organic growth and MandA
Salcef posted a strong set of Q3 2021 results: revenues were up by around 25% YoY, EBITDA +14%, EBIT +13%, adj. net profit +14%. The main drivers were: the perimeter change (ca. EUR 14m contribution in terms of revenues); sound growth on a like-for-like basis (ca. 9% YoY); a reduction in margins due to the higher incidence of international activities, which are characterised by lower margins vs. domestic ones. The net financial posit ....
16 Nov 2021
Strong set of Q3 results and positive outlook
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Strong set of Q3 results and positive outlook
Another sound quarter driven by both organic growth and MandA
Salcef posted a strong set of Q3 2021 results: revenues were up by around 25% YoY, EBITDA +14%, EBIT +13%, adj. net profit +14%. The main drivers were: the perimeter change (ca. EUR 14m contribution in terms of revenues); sound growth on a like-for-like basis (ca. 9% YoY); a reduction in margins due to the higher incidence of international activities, which are characterised by lower margins vs. domestic ones. The net financial posit ....