Earnings Release • Oct 7, 2021
Earnings Release
Open in ViewerOpens in native device viewer
Genoa, 5 October 2021 – EdiliziAcrobatica S.p.A. closed the month of September 2021 with another exceptional result, an increase of 139% in contracts signed, equal to €16,266 million, compared to €6,812 million in 2020.
The company's progressive growth is also evident in the figures of the first nine months of the year compared to the same period of last year. Indeed, the value of the contracts signed, amounting to €97.047 million, is up around 268% compared to €26.361 million in 2020.
Moreover, as at 30 September 2021 – including the resources of the new Company located in Barcelona – the Group reached a total of 1,267 employees compared to 1,003 in September 2020, an increase of 26.3%.
EdiliziAcrobatica France confirmed its positive trend, seeing a 25% increase in the total value of contracts signed from January to September 2021.
Riccardo Iovino, CEO & founder of EdiliziAcrobatica S.p.A., remarked that "The growth that we have seen in 2021 and highlighted in the half-yearly financial report continued through September. Now, driven by the absolute excellence of these numbers, we are preparing to face the last quarter of the year, confident in the trust that customers have placed in us and in our work".
***
EdiliziAcrobatica SpA is the leading company in Italy in the construction sector operating with double safety ropes. Founded in Genoa in 1994 by Riccardo Iovino, the company now has over 1,200 employees and 100 operating areas in Italy, France and Spain. The technique it employs allows working without scaffolding or aerial platforms, thus offering end customers a quality service and the elimination of scaffolding costs. The rope access that EdiliziAcrobatica is specialised in is particularly well suited to ordinary and extraordinary maintenance of buildings and apartment complexes, hotels and historical monuments. In fact, the technique developed by EdiliziAcrobatica ensures numerous benefits both in terms of accessibility for apartment complex residents and hotel guests and safety for tenants and access to monuments that always remain accessible even during restoration and maintenance works.
Listed on the AIM Italia stock exchange since November 2018 and on the Euronext Growth market in Paris since February 2019, EdiliziAcrobatica closed 2020 – the year of the pandemic and the stoppage of construction sites – with €44.6 million in revenues, up about 14% compared to 2019. During the year the company also inaugurated a new business line dedicated to cleaning and disinfection and released EAcondominio, the first app in Italy for condominium administrators to facilitate the holding of remote tenant meetings.
For info: www.ediliziacrobatica.com
Investor Relator EdiliziAcrobatica S.p.A. Maria Virginia Concu [email protected] C: +39 340 951 0894
Financial Press Office Close to Media Luca Manzato +39 335 8484706 Lidy Casati +39 349 2332555
Communications Manager EdiliziAcrobatica S.p.A. Deborah Dirani [email protected] C: +39 393 8911364
Nominated Adviser Banca Profilo S.p.A. Via Cerva 28 - 20122 Milan Tel. +39 02 584081 [email protected]
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.