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Kme Group Earnings Release 2021
4070_ir_2021-09-15_697ff802-ef26-4e07-a77e-cc2291235ca4.pdf
Earnings Release
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| Informazione Regolamentata n. 0240-74-2021 |
Data/Ora Ricezione 15 Settembre 2021 21:13:04 |
MTA | ||
|---|---|---|---|---|
| Societa' | : | INTEK GROUP | ||
| Identificativo Informazione Regolamentata |
: | 151885 | ||
| Nome utilizzatore | : | SMIN02 - Mazza | ||
| Tipologia | : | 3.1; 1.2 | ||
| Data/Ora Ricezione | : | 15 Settembre 2021 21:13:04 | ||
| Data/Ora Inizio Diffusione presunta |
: | 15 Settembre 2021 21:13:05 | ||
| Oggetto | : | KME has approved the half year consolidated financial report |
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| Testo del comunicato |
Vedi allegato.
Registered Office: 20121 Milan (MI) Foro Buonaparte, 44 Share Capital: Euro 335.069.162,51, fully paid-in Milan Company Register – Tax I.D. Nr. 00931330583 www.itkgroup.it
PRESS RELEASE
- KME half year consolidated financial report: gross operating profit (EBITDA) as at 30 June 2021 of Euro 47.6 million, i.e. 17.4% higher than the same figure in the first half of 2020 (Euro 40.6 million);
- Change of the governance of KME SE.
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Milan, 15th September 2021 ‐ KME SE, the largest investment of Intek Group S.p.A, has approved today the half year consolidated financial report:
- consolidated turnover, net of the raw material, has increased by 7.2%, from Euro 247.1 million to Euro 264.7 million;
- EBITDA as at 30 June 2021 was Euro 47.6 million; 17.4% higher than the figure of the first half of 2020 when it stood at Euro 40.6 million;
- EBIT was Euro 26.4 million (Euro 19.7 million in the first half of 2020);
- net financial debt was Euro 290.5 million (Euro 270.7 million at 31 December 2020).
* * *
Moreover, the shareholders' meeting of KME SE has today approved the decision to change the corporate governance of the Company from a dualistic system (Management Board and Supervisory Board) to a monistic system (Board of Directors).
The purpose of the change is to endow the Company with a more appropriate corporate governance for an European Company with industrial holding role for an international group and to streamline the decision‐making process.
* * *
The press release is available on the Company's website, www.itkgroup.it. Additional information may be directly requested from the Company (telephone number +39.02.806291; e.mail: [email protected]) and through the "eMarket STORAGE" system operated by Spafid Connect SpA at the address: .