(Teleborsa) – I Net revenues from Orsero they amounted to approximately 513.1 million in the first half of the year, slightly down on the figures for the first half of 2020 (520.8 million). This reduction – explains the company – “is essentially linked to important phenomena of” panic buying “occurred during the lockdowns of spring 2020, which positively impacted the Import & Distribution BU in the half year 2020 compared to 2021, and to the decrease in the average rate of exchange rate of the dollar which led to a decrease in revenues in the Shipping BU ”.
L’Adjusted EBITDA, equal to 26.6 million, shows a significant increase of approximately 13.1% compared to the 23.5 million of the first half of 2020, with a record Adjusted EBITDA Margin of 5.2%, up by 67 bps.
L’Utile Netto Adjusted shows a positive result of 8.6 million compared to a profit of 7.5 million with a significant increase of € 1.1 million as a result of the increase in margins for the period and higher depreciation compared to last year.
L’Net income stood at 8.2 million with an important increase of 2 million, compared to a profit of 6.2 million in the first half of 2020.
The Net Financial Position is equal to 91.4 million and compares with the 103.3 million at December 31, 2020.
Guidance 2021
For the entire year, the company believes it can confirm the economic forecasts of the FY 2021 Guidance (communicated to the market on 1 February 2021 and updated on 12 May 2021 on the occasion of the publication of the financial data for Q1 2021), while improving NFP expectations, with a reduction of the expected values of an additional 7/10 million.
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