The Board of Directors of Nocivelli Abp SpA, an Italian company specialized in the construction of technological systems and facility management services, has given the green light to the financial statements and consolidated financial statements for the year ending 30 June 2023 with positive results.
Il production value is equal to 75,1 million euros (+22,4%, an increase compared to 61,3 million euros last year) mainly due to the conclusion of works covered by orders started in the previous year while revenues are equal to 73,9 .43,1 million (+XNUMX%). EBITDA stands at 15,3 million euros with EBITDA margins 20,4% (13,9 million as of June 30, 2022). The Net income is equal to 10,6 million (+10,9%). The company has a net worth of 62,8 million euros.
“Today we approved strong revenue growth data with significant margins, which confirm the company's ability to quickly change operations to generate and maintain profitability even in unfavorable or unpredictable external contexts” he declared Nicola Turra, CEO of ABP Nocivelli.
Backlog equal to approximately 800 million euros
We have seized various opportunities on the plant engineering side, our core business, and we continue to formulate Public Private Partnership proposals that can be added to our substantial order book which reached 800 million with contracts until 2033. The next few quarters will already see us engaged in providing services to some of the main Italian energy operators. We are therefore confident in continuing to achieve growth in line with what we achieved this year" explains the Group's CEO.
Dividend proposed at 0,049 cents
The Board of Directors proposed the following allocation of the operating profit to the shareholders' meeting: a dividend of 0,049 euro per share (equal to approximately 1.492.050 euros in total) and the setting aside of the remaining part of the profit as a reserve. The dividend will come detached on November 13, 2023, with a record date of November 14, 2023 and payment will take place on November 15, 2023.
“These results give great satisfaction to the whole team. Thanks from me and the entire Board of Directors goes to the people of Nocivelli ABP who have allowed us to once again achieve a growth path, confirming Nocivelli's leadership. The business model, which has repeatedly confirmed its effectiveness, will also be the main asset on which to base future growth in the coming years together with specialized skills and the ability to establish long-term relationships, elements that will allow us to capture important opportunities” he commented Bruno Nocivelli, Chairman of the Board of Directors of ABP Nocivelli.
