First hal 2022 financial statements approved

ILBE, FIRST HALF 2022 FINANCIAL STATEMENTS APPROVED: REVENUES OF EURO 83.3 MILLION, EBIT MARGIN IN LINE WITH
FIRST HALF 2021 AT 13.5% OF REVENUE NET PROFIT AT EURO 3.4 MILLION  NFP IMPROVED

EBIT at Euro 11.2 million (Euro 15.9 million as of 30 June 2021) and EBIT margin at 13.5% of revenue, in line with H1 2021 (13.9%)

Adjusted Net Financial Position (debt) at Euro 26.5 million, an improvement from Euro 29.3 million as of 31 December 2021

Shareholders’ equity of Euro 89.4 million (Euro 85,6 million as of 31 December 2021)

Backlog at Euro 224.9 million, compared to EUR 152.4 million as of 31 December 2021

2022 guidance confirmed: revenue growth compared to 2021 and lower margin dynamics

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