Gefran S.p.A. board of directors approves draft consolidated financial statements as of 31 december 2021

Provaglio d'Iseo (BS), 10 March 2022

Gefran S.p.A. board of directors approves draft consolidated financial statements as of 31 december 2021

Provaglio d’Iseo (BS), 10 March 2022 – The Gefran S.p.A. Board of Directors, which met today under the chairmanship of Maria Chiara Franceschetti, unanimously approved the draft Financial Statements at 31 December 2021, Consolidated Financial Statements and Consolidated Non-Financial Disclosure.

Revenues

160.2 million Euro

+30.6 million Euro over 2020, +23.6%

EBITDA positive

26.2 million Euro

equal to 16.3% of revenues +8.6 million Euro over 2020

Net profit

13.7 million Euro

equal to 8.5% of revenues + 9.3 million Euro over 2020

Positive net financial position

3.3 million Euro

negative by 3.7 million Euro as of December 31, 2020

Dividend

0.38 Euro per share proposed