F.I.L.A. - FABBRICA ITALIANA LAPIS ED AFFINI S.P.A. FY2021 Preview
Forecast Adjusted EBITDA of ~Euro 109 million significantly up (+14.7%) on Euro 95 million in 2020
The progress of the School & Office in higher-profitability geographical areas such as Europe and North America and an improved Fine Art, Hobby & Digital sales mix more than offset the weaker performances in India and Mexico, which however indicate significant signs of recovery for 2022
Cash of ~ Euro 95 million generated in the two years of COVID
Net Bank Debt improves ~ Euro 65 million excluding currency effect
Forecast Adjusted EBITDA of ~Euro 109 million significantly up (+14.7%) on Euro 95 million in 2020
The progress of the School & Office in higher-profitability geographical areas such as Europe and North America and an improved Fine Art, Hobby & Digital sales mix more than offset the weaker performances in India and Mexico, which however indicate significant signs of recovery for 2022
Cash of ~ Euro 95 million generated in the two years of COVID
Net Bank Debt improves ~ Euro 65 million excluding currency effect
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FILA - Fabbrica Italiana Lapis e Affini S.p.A. published this content on 11 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 February 2022 17:57:02 UTC.
