Income statement
H1 2023
H1 2022
Revenue
1,905.8
2,178.6
Gross Profit
105.4
114.8
Gross Profit %
5.53%
5.27%
EBITDA Adj.
24.9
37.9
EBITDA Adj. %
1.31%
1.74%
EBIT Adj.
15.4
29.5
EBIT Adj. %
0.81%
1.35%
Net Income Adj. (*)
6.4
18.3
Net Income Adj. %
0.34%
0.84%
(*) Net Income Adj. calculated gross of the non-recurring cost of Euro 33.3 million incurred by the parent company Esprinet S.p.A. in relation to the blanket agreement reached with the Italian Tax Authorities
aimed at the out-of-court settlement of the disputes formulated regarding VAT for the tax periods 2013-2017.
2022
2021
Revenue
4,684.2
4,690.9
Gross Profit
244.3
232.9
Gross Profit %
5.22%
4.96%
EBITDA adj.
90.7
86.1
EBITDA adj. %
1.94%
1.84%
EBIT
70.7
68.4
EBIT %
1.51%
1.46%
Net Income
47.3
44.1
Net Income %
1.01%
0.94%
In million euro
Revenue by Country
Revenue by product
Financial Structure
30/06/23
30/06/22
31/03/23
Fixed Assets
158.2
140.2
154.1
Operating Net Working Capital
334.3
405.3
504.5
Other current assets (liabilities)
8
5.7
10.7
Other non-current assets (liabilities)
-49.2
-23.1
-25.0
Net Invested Capital
451.4
528.1
644.4
Cash
-130.3
-41.9
-74.2
Short-term debt
121.3
56.3
197.8
Medium/long-term debt
110.2
141.2
112.2
Financial assets
-9.5
-11.5
-10.4
Net financial debt
91.7
144.1
225.4
Net equity
359.6
384.0
419.0
Funding sources
451.4
528.1
644.4
31/12/22
31/12/21
30/09/22
Fixed Assets
158.2
140.2
154.1
Operating Net Working Capital
334.3
405.3
504.5
Other current assets (liabilities)
8
5.7
10.7
Other non-current assets (liabilities)
-49.2
-23.1
-25.0
RoU Assets
109.4
107.7
109.6
Net Invested Capital
560.8
635.8
754.0
Cash
-130.3
-41.9
-74.2
Short-term debt
121.3
56.3
197.8
Medium/long-term debt
110.2
141.2
112.2
Financial assets
-9.5
-11.5
-10.4
Lease liabilities
115.4
112.8
115.7
Net financial debt
207.2
256.9
341.0
Net equity
353.6
378.9
412.9
Funding sources
560.8
635.8
754.0