Financials Mediobanca S.p.A.

Equities

Real-time Borsa Italiana Other stock markets 09:57:42 2025-06-24 am EDT			5-day change	1st Jan Change
20.04 ^EUR	+4.73%		+4.27%	+42.38%

09:53am	Deals of the day-Mergers and acquisitions	RE
09:09am	ECB clears Monte Paschi's takeover bid for Mediobanca, source says	RE

Fiscal Period: June	2020	2021	2022	2023	2024	2025	2026	2027
Net sales	2,513	2,628	2,851	3,304	3,607	-	-	-
Change	-	4.59%	8.46%	15.91%	9.15%	-	-	-
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	1,324	1,390	1,539	1,891	2,065	2,084	2,213	2,288
Change	-	5.01%	10.67%	22.92%	9.16%	0.92%	6.2%	3.38%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	795	1,104	1,169	1,428	1,736	-	-	-
Change	-	38.91%	5.82%	22.21%	21.57%	-	-	-
Net income	600	807.6	907	1,027	1,273	-	-	-
Change	-	34.6%	12.31%	13.21%	24.02%	-	-	-
Announcement Date	7/30/20	7/29/21	7/29/22	7/27/23	8/1/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: June	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	581.9	606	626	675	662.8	664.8	706	753	688	703.7	757	901.5	759	886.6	864	866.9	897.6	978.6	864.6	983.1	920.2	-
Change	-	4.14%	3.3%	7.83%	-1.81%	0.3%	6.2%	6.66%	-8.63%	2.28%	7.57%	19.09%	-15.81%	16.81%	-2.55%	0.34%	3.54%	9.02%	-11.65%	13.71%	-6.4%	-
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	282.1	308	338	372	348.3	332.3	403	422.2	364	349.3	435.6	532	415	508.4	520	475.4	509	560.4	495.6	572	523.1	-
Change	-	9.18%	9.74%	10.06%	-6.37%	-4.59%	21.28%	4.76%	-13.78%	-4.04%	24.71%	22.13%	-21.99%	22.51%	2.28%	-8.58%	7.07%	10.1%	-11.56%	15.42%	-8.55%	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	100.6	77	279.6	292	261.4	271.2	347	308.7	246	267.7	353.4	397	314	363.7	459	382.8	455.4	438.6	438.2	493.1	468.3	468.8
Change	-	-23.46%	263.12%	4.43%	-10.48%	3.75%	27.95%	-11.04%	-20.31%	8.82%	32.01%	12.34%	-20.91%	15.83%	26.2%	-16.6%	18.97%	-3.69%	-0.09%	12.53%	-5.03%	0.1%
Net income ¹	84.6	48	200.1	211	193.3	203.7	262	263.9	190	191.1	262.6	292.5	235	236.3	351	259.9	334.9	327.3	330	329.7	333.5	-
Change	-	-43.26%	316.88%	5.45%	-8.39%	5.38%	28.62%	0.73%	-28%	0.58%	37.41%	11.39%	-19.66%	0.55%	48.54%	-25.95%	28.86%	-2.27%	0.82%	-0.09%	1.15%	-
Announcement Date	5/7/20	7/30/20	10/27/20	2/9/21	5/11/21	7/29/21	10/27/21	2/9/22	5/11/22	7/29/22	10/27/22	2/9/23	5/11/23	7/27/23	10/26/23	2/9/24	5/10/24	8/1/24	11/12/24	2/10/25	5/8/25	-

¹EUR in Million

Estimates

Fiscal Period: June	2021 S1	2022 S1	2023 S1	2024 S1	2025 S1
Net sales ¹	1,301	1,459	1,658	1,731	1,848
Change	-	12.18%	13.64%	4.35%	6.77%
EBITDA	-	-	-	-	-
Change	-	-	-	-	-
EBIT ¹	710	826	967.6	995.2	1,068
Change	-	16.34%	17.14%	2.85%	7.27%
Charge d'intérêts	-	-	-	-	-
Earnings before Tax (EBT) ¹	572	655.4	750.4	842.2	931.3
Change	-	14.58%	14.49%	12.23%	10.58%
Net income ¹	411	525.8	555.1	611.2	659.7
Change	-	27.93%	5.57%	10.11%	7.94%
Announcement Date	2/9/21	2/9/22	2/9/23	2/9/24	2/10/25

¹EUR in Million

Estimates

Fiscal Period: June	2019	2020	2021	2022	2023	2024
Net Debt ¹	19,903	22,461	21,054	20,853	24,501	25,266
Change	-	12.85%	-6.26%	-0.95%	17.49%	3.12%
Announcement Date	10/6/19	9/16/20	10/1/21	9/30/22	9/25/23	9/26/24

¹EUR in Million

Estimates

Fiscal Period: June	2019	2020	2021	2022	2023	2024
CAPEX ¹	10.42	21.65	26.34	26.46	39.75	51.16
Change	-	107.83%	21.65%	0.47%	50.23%	28.7%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	10/6/19	9/16/20	10/1/21	9/30/22	9/25/23	9/26/24

¹EUR in Million

Estimates

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	52.69%	52.9%	53.97%	57.24%	57.24%	-	-	-
EBT Margin (%)	-	31.64%	42.01%	40.99%	43.22%	48.14%	-	-	-
Net margin (%)	-	23.88%	30.73%	31.82%	31.07%	35.31%	-	-	-
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	1.1%	0.77%	1%	1.05%	1.13%	1.34%	-	-	-
ROE	8.42%	6.12%	7.77%	8.33%	9.29%	11.26%	-	-	-
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	0.48%	1.07%	1.12%	1.08%	1.37%	1.57%	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	0.8469	3.741	2.284	10.23	5.039	4.066	-	-	-
Change	-	341.79%	-38.96%	347.78%	-50.72%	-19.31%	-	-	-
Dividend per Share ¹	0.47	-	0.66	0.75	0.85	1.07	-	-	-
Change	-	-	-	13.64%	13.33%	25.88%	-	-	-
Book Value Per Share ¹	11.25	11.21	12.77	12.69	13.47	13.5	-	-	-
Change	-	-0.35%	13.91%	-0.61%	6.12%	0.2%	-	-	-
EPS ¹	0.94	0.69	0.93	1.08	1.21	1.53	-	-	-
Change	-	-26.6%	34.78%	16.13%	12.04%	26.45%	-	-	-
Nbr of stocks (in thousands)	870,087	860,600	860,669	846,253	840,644	830,981	-	-	-
Announcement Date	10/6/19	9/16/20	10/1/21	9/30/22	9/25/23	9/26/24	-	-	-