Capital/Financing Update • Dec 23, 2024
Capital/Financing Update
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PRESS RELEASE
Trento, 23 December 2024
GPI S.p.A. (GPI:IM), listed on the Tech Leader segment of Euronext Milan, announces that Cerved Rating Agency - a company specialised in creditworthiness and sustainability assessment - has confirmed Gpi's rating at "A3.1"1 , which is defined as: "a company with solid fundamentals and a sound ability to meet its financial commitments. Credit risk is low".
The confirmation of the A3.1 rating reflects: (i) the improved financial performance during FY24, driven by organic growth, particularly the strengthening of the Software Strategic Business Area, and the consolidation of M&A operations completed over the past two years, most notably Evolucare; (ii) the progressive strengthening of the adjusted Net Financial Position, supported partly by the divestment of non-strategic assets such as Argentea (formerly the Pay Strategic Business Area); (iii) further organic growth anticipated in FY25, based on the new industrial plan, which is set to be approved next January.
The complete press release, including the factors underlying Gpi's rating, is available on the websites of ESMA, Cerved Rating Agency, and Gpi under the section Investors/Documents/Rating.
1 "A3.1" is an investment grade rating in the Cerved risk scale, which views Gpi as "a company with solid fundamentals and a sound ability to meet its financial commitments. Credit risk is low". The rating corresponds to an A- from S&P, A3 from Moody's and A- from Fitch.
Gpi's mission is to make the healthcare systems sustainable through their digitisation, so that everyone can receive high-quality care. Sustainability and social impact are the guiding principles and play a crucial role in the strategic and investment assessments of the Group, aware that the solutions and services provided to the community have an impact on the quality of life of individuals.
For 35 years, driven by a patient-centric vision, Gpi has been working to support healthcare systems by providing the skills and innovative tools necessary to improve prevention and treatment processes. This is achieved through the strategic use of advanced software, technologies, and cutting-edge services.
The Group's strategy is designed to meet the evolving requirements of the constantly changing healthcare sector and to facilitate entry into international markets.
The unwavering commitment of its 7,600 employees and a customer base of more than 9,000 across 70 countries, yielded €433 million in revenue, an EBITDA of €80 million in 2023.
Gpi S.p.A. is listed on the Euronext Tech Leaders segment of Borsa Italiana, the Italian stock exchange.
ISIN ordinary shares: IT0005221517
This press release is also available at www.gpigroup.com 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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