Capital/Financing Update • Dec 27, 2022
Capital/Financing Update
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PRESS RELEASE
Trento, 27 December 2022
GPI (GPI:IM), a company listed on the Euronext Milan market of the Italian Stock Exchange ("EXM"), leader in Information Systems and Services for Health and Social Care, announces that Cerved Rating Agency – the Italian agency specialised in rating the creditworthiness of non-financial companies and the issue of debt securities – confirmed Gpi's score of "A3.1".
The confirmation of the rating reflects the further improved financial results in the first half of 2022 and a financial and capital structure that remains balanced at 30 June 2022, albeit with cash-outs from dividend distributions and M&A transactions. Considering the scenario in the sector of reference, which is not affected by the current unfavourable economic situation, Cerved Rating Agency estimates constant organic and external growth during the next few years, while maintaining a balanced financial and capital structure, thanks to the robust expected cash flows and financial resources obtained in 2022 (capital increase and restructuring of borrowings).
The complete press release, including the factors underlying Gpi's rating, is available on the ESMA website, the Cerved Rating Agency website and GPI's corporate website in the Investors/Documents/Rating, 2022 section.
GPI is the preferred partner for software, technologies and services for healthcare, social services and the public administration. Founded more than 30 years ago in Trento, GPI has grown through significant investments in M&A (in Italy and abroad) and R&D, which it carries out in partnership with leading Italian research centres and universities to share scientific, technological, functional and process knowledge applied to the e-health, e-welfare, well-being sectors.
Also drawing on the solutions and know-how gained from the companies that have joined its ecosystem, the Group has masterfully translated the needs of the healthcare industry into cutting-edge high-tech solutions and new service models that optimise prevention, diagnosis and care processes, improving people's lives.
The offer combines specialised IT expertise with advisory and design capabilities enabling it to operate in a range of business areas: Software, Care, Automation, ICT and Payment services.
The Company reported consolidated revenues of €326.9 million in 2021, with over 7,200 employees at year end and more than 2,500 customers in over 70 countries.
GPI was listed on Borsa Italiana in 2016 (AIM segment) and moved to the MTA (now EXM) market in 2018.
ISIN ordinary shares: IT0005221517
Press release available at www.gpi.it and
GPI | Fabrizio Redavid, Lorenzo Giollo | [email protected] | T: +390461381515 | Via Ragazzi del '99, 13 - 38123 Trento
GPI | Daniela Filbier, Enrico Orfano| [email protected] | T: +390461381515 | Via Ragazzi del '99, 13 - 38123 Trento
Banca Akros | Bruno Mestice | [email protected] | T. +3902434441 | Viale Eginardo, 29 – 20149 Milan
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