A two-sided semester for Tinexta, the company listed on the Stock Exchange and active in Digital Trust, Credit Information & Management and Innovation & Marketing Services. While the first quarter recorded the effects of the lockdown, a "clear recovery in turnover and a significant improvement in profitability in all Business Units" began in May - as CEO Pier Andrea Chevallard underlined - which allowed to Tinexta to confirm itself as "a credible player able to manage the transition towards an economy increasingly based on digital and innovation".
The comment of the president of Tinexta, Enrico Salza, was also positive: "The performance of the semester, in the current context of crisis, demonstrates the solidity of the Group and the validity of the underlying strategic project".
But here are the numbers as at 30 June 2020: revenues amounted to 123,8 million euros (-2,2%), Ebitda grew by 6,3% to 34,4 million, the operating result was 21,7 million (+1,4%), net income increased by 14,1% (16 million), free cash flow was 28,9 million and net financial debt decreased from 129,1, 31 million as at 2019 December 114,6 to 9 million, including the XNUMX million euros associated with the Buyback plan.
Guidance for 2020 has been confirmed
