ARNOLDO MONDADORI EDITORE S.P.A. 9M2022 Results
Investors Presentation
Antonio Porro - CEO Alessandro Franzosi - CFO
November 10th 2022
AGENDA
- 9M 2022 Highlights
- 9M 2022 Results
- FY 2022 Outlook
- Annexes/9M 2022 Business Areas
9M 22 Highlights - Executive Summary
Group results further
improve
Group financial
structure continues to
strengthen
Strategic portfolio
review ongoing
On an overall basis, all KPIs grow strongly:
3Q 22 | 9M 22 | |
- Revenue | +20% | +15% |
- Adj. EBITDA | +38% | +36% |
- EBIT | +44% | +50% |
- Adj. Net Profit | +54% | +90% |
On a like-for-like basis, revenue and EBITDA grow across all
business areas
Solid cash generation of the business with a
LTM Ordinary Cash Flow above €70 mn
- Further development of book publishing activities: 51% of Edizioni Star Comics acquisition
- Further reduction in its exposure to the magazines segment:
- 51% of Press-di disposal (active in the national distribution of newspapers and magazines)
- Put option for the sale of Grazia & Icon
3
9M22 Highlights - Trend EBITDA / EBIT
- mn
EBITDA
EBITDA margin
EBIT
3Q | 9M | ||||
114.5 | |||||
87.7 | 80.5 | 65.1 | 78.4 | ||
61.5 | 56.7 | 57.8 |
2022 | 2021 | 2020 | 2019 | 2022 | 2021 | 2020 | 2019 | |||
16.9% | 13.7% | 12.0% | 11.9% |
74.8 | 78.0 | |||
51.8 | 46.1 | 48.0 | 52 | 50.2 |
28.9 |
4
Trade Books Market 2022
Comeback to growth after a first half of consolidation
Source: GfK, October 2022; * incl. Edizioni STAR Comics pro-forma in 2021 | 5 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Arnoldo Mondadori Editore S.p.A. published this content on 10 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2022 12:58:03 UTC.
