San Donato Milanese, 29 October 2019 - The Board of Directors of Cerved Group S.p.A. (MTA: CERV, the 'Group') - the largest information provider and credit servicer in Italy - today approved the results as of 30 September 2019.

GROWTH IN REVENUES, ADJUSTED EBITDA, ADJUSTED NET INCOME AND OPERATING CASH FLOW:

  • Revenues: Euro 361.1 million, +11.6% compared to Euro 323.6 million in the first nine months of 2018;
  • Adjusted EBITDA: Euro 160.8 million, +8.3% compared to Euro 148.4 million in the first nine months of 2018, resulting in an Adjusted EBITDA margin of 44.5%;
  • Adjusted Net Income: Euro 83.4 million, +16.3% compared to Euro 71.7 million in the first nine months of 2018;
  • Operating Cash Flow: Euro 122.0 million, +13.2% compared to Euro 107.8 million in the first nine months of 2018;
  • Consolidated Net Financial Position: Euro 561.2 million as of 30 September 2019, equating to 2.4x last twelve months Adjusted EBITDA.

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Cerved Information Solutions S.p.A. published this content on 29 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2019 18:06:06 UTC