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Sole 24 Ore flies on the return to assets

The return to the net result is expected for 2018 (1 million) and above all in 2020 (9 million). At least for the newspaper. The Sole 24 Ore group has published the new numbers of the 2017-20 business plan on the company website. The plan envisages consolidated revenues for 2020 of 295 million (275 million in 2018), an Ebitda of 45 million (19 million in 2018) and an Ebit of 34 million (8 million in 2018).

These are the main data contained in the slides that have been appreciated by the market where the title of the publishing group it appreciates by 17% at 10,23 and has entered the volatility auction.

Consolidated investments are valued at 8 million in 2018 and 7 million in 2020. The plan, as stated in the slides, has the objective of "developing an economically sustainable business model oriented towards the creation of value". On costs, the group intends to operate on the redefinition of the purchasing process, on the rationalization of production costs, on the reduction of commercial costs. A reduction of external collaborations and an optimization of personnel costs are foreseen.

On personnel costs, the Sole 24 Ore group states that "following the corporate reorganization and operational processes, a reduction in the workforce is expected (journalists, executives, polygraphic, graphic and radio). "

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