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Exprivia: revenues and Ebitda grow and soar on the Stock Exchange

Positive results in the half year for Exprivia which gains more than 6% in Piazza Affari – However, the situation of the subsidiary Italtel is still problematic

Exprivia: revenues and Ebitda grow and soar on the Stock Exchange

Exprivia, a company active in IT services, closed the first half of 2020 with growing revenues of 81,2 million, compared to 79,5 million in the same period of 2019, therefore with an increase of 1,7 million, i.e. 2,2 ,2020%. From the point of view of margins, the first half of XNUMX closed with an Ebitda of 7,8 million, also in this case up compared to 6,2 million in the same period of 2019 (+26%). The net financial position as at 30 June 2020 was -53,3 million, up compared to -43,9 million as at 31 December 2019 but down if compared to -57,6 million as at 30 June 2019.

The parent company Exprivia Spa closed with revenues up by 4,9% and Ebtida up to 8,1 million (+29,4%). The subsidiary Italtel, on the other hand, closed the first half with revenues of approximately 108 million compared to 174 million in the first half of 2019 and a negative EBITDA of 8,2 million compared to the positive figure of 4,5 million in the same half of 2019. Exprivia is listed on the Stock Exchange of Milan, on the MTA circuit, and today after the publication of the half-yearly accounts has evidently convinced investors, given that by mid-afternoon the stock gains more than 6%, at 0,74 euros per share.

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