(Alliance News) - Anima Holding Spa on Tuesday reported that it has approved consolidated figures as of Dec. 31, in which the company reported a consolidated net profit of EUR149.3 million, up 24 percent from EUR120.8 million in the same period last year.

The board of directors proposed the distribution of a dividend of EUR0.25 per share from EUR0.22 last year.

Revenues in 2023 stood at EUR368.0 million from EUR343.1 million in 2022, up 7.0 percent.

Group net inflows in 2023 were negative EUR171 million, while total assets under management at the end of December rose to EUR191.5 million, up 1.0% from EUR289 million in 2022.

Ebitda as of Dec. 31 was EUR266.0 million, up from EUR255.3 million, while Ebit for the period stood at EUR214.5 million from EUR196.1 million in the same period last year.

The Consolidated Net Financial Position as of December 31 was negative EUR13.2 million compared to EUR60.9 million in net debt at the end of FY2022 and reflected, in particular, dividend payments of EUR71 million, the cost of the acquisition of Castello SGR of EUR62 million, and EUR45 million in share buybacks, the company explained in a note.

Alessandro Melzi d'Eril, chief executive officer of Anima Holding, commented, "The year 2023 closed with an acceleration in business and performance, with good reflections on our income statement and very good prospects for this year's performance. Anima's results once again demonstrate the value of a model based on channel diversification combined with solid strategic partnerships. We will also remember 2023 as the year in which we acquired and consolidated Castello and signed off on the upcoming acquisition of Kairos Partners: two important building blocks for expansion into hitherto less-preserved market segments such as alternative investments and wealth management."

Anima Holding trades in the green by 0.8 percent at EUR4.23 per share.

By Claudia Cavaliere, Alliance News reporter

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