March 14TH 2023
FY22 RESULTS
Disclaimer
IMPORTANT NOTICE
This presentations is being furnished to you solely for your information and may not be reproduced or redistributed to any other person.
This presentation might contain certain forward-looking statements that reflect the Company's management current views with respect to future events and financial and operational performance of the Company and its subsidiaries.
These forward-looking statements are based on Intercos current expectations and projections about future events. Because these forward-looking statements are subject to risks and uncertainties, actual future results or performance may differ materially from those expressed in or implied by these statements due to any number of different factors, many of which are beyond the ability of Intercos to control or estimate. You are cautioned not to place undue reliance on the forward-looking statements contained herein which are made only as of the date of this presentation. Intercos does not undertake any obligation to publicly release any updates or revisions to any forward-looking statements to reflect events or circumstances after the date of this presentation.
Any reference to past performance or trends or activities of Intercos shall not be taken as a representation or indication that such performance, trends or activities continue in the future.
This presentation does not constitute an offer to sell or the solicitation of an offer to buy the Group's securities, nor shall the document form the basis of or be relied on in connection with any contract or investment decision relating thereto, or constitute a recommendation regarding the securities of Intercos.
Intercos securities referred to in this document have not been and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Pietro Oriani, the Manager in charge of preparing the corporate accounting documents, declares that, pursuant to art. 154-bis, paragraph 2, of the Legislative Decree no.58 of February 24, 1998, the accounting information contained herein correspond to document results, books and accounting records.
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Agenda
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FY22 Executive Summary
Net Sales
€835.6m
+24% Rep FX
+19% c.FX
Adj. EBITDA
€121.7m
14.6% on Net Sales
+20.3% or +€20.6m vs. FY21
Adj. Net Income
€51.3m
+24.6% or +€10.1m vs. FY21
Net Debt
€90.7m
0.74x Net Debt to Adj. EBITDA
ratio (-0.51x vs.31Dec22)
€36m FY22 Cash Flow
ESG Rating
Platinum medal awarded
by EcoVadis
Intercos within the Top 1% of companies in its sector for the second year in a row
Dividends
€16m
Approx. €0.17 per share
payout ratio of approx. 36% of
consolidated net profit
The Board of Directors has resolved to Propose to the shareholders' meeting the payment of dividends for 2022
Highest Full Year Sales and EBITDA ever
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FY22 Executive Summary - FY22 and 4Q22 Results overview
4Q
€m Revenues
Adj. EBITDA
Adj. EBITDA %
4Q22
238,5
37,3
15,6%
4Q21
188,3
30,6
16,2%
% vs 4Q21
Rep FX | c FX |
27% | 22% |
22% |
FY
€m Revenues
Adj. EBITDA
Adj. EBITDA %
FY22
835,6
121,7
14,6%
FY21
673,7
101,1
15,0%
% vs FY21
Rep FX | c FX |
24% | 19% |
20% |
Adj. Net Income
Adj. Net Income %
Net Debt
Net Debt/Adj. EBITDA
51,3 | 41,2 | 25% | ||
6,1% | 6,1% |
90,7126,6
0,74x1,25x
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Intercos S.p.A. published this content on 14 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 March 2023 17:15:06 UTC.