July 30^th, 2022

ALA GROUP: CERVED RATING AGENCY CONFIRMS B1.1 RATING

Cerved: “ALA is confirmed as a leading operator in integrated logistics services and distribution of products and components for the aviation and aerospace industry, in both the civil and defence sectors”.

Roberto Tonna, ALA CEO: “We very warmly welcome Cerved’s reconfirmation of the B1.1 rating. An excellent result also in view of the global macroeconomic conditions, which shows and confirms the resilience and solidity of the ALA Group and reflects the positive economic performance seen over 2020/2021”

A.L.A. S.p.A, a group listed on Borsa Italiana’s multilateral trading system Euronext Growth Milan (EGM: ALA), among the leading players internationally in integrated logistics services and in the distribution of products and components for the aviation and aerospace industry, informs that Cerved Rating Agency, the Italian rating agency that specialises in assessing the creditworthiness of Italian non-finance companies, has kept unchanged its rating of the ALA Group at B1.1, and so in the “Investment Grade” band.

The confirmation of the B1.1 rating reflects: (i) the consolidation of the sound competitive positioning in the sector; (ii) the positive economic performance seen over 2020/2021, in which the Group proved resilient to the changing macroeconomic conditions; (iii) the emergence at the end of 2021 of a solid financial balance in relation to the confirmed capacity to generate cash flows through operations and to the liquidity received from the IPO.

ALA is therefore confirmed as a leading operator in integrated logistics services and the distribution of products and components for use in the aviation and aerospace industry, in both the civil and defence sectors. Moreover, it is in the implementation stage of a project to expand its current business model, aimed at differentiating the markets served (with particular attention to the rail segment) and the product range, a strategy which should contribute in the medium term to achieving important growth in revenues. The Group, through the work of the foreign subsidiaries, shows good geographical diversification which mitigates the exposure to “country risk”. Limited credit risk in relation to the high-standing of the customers served.

ALA saw confirmed also in 2021 its ability to generate positive cash flow through operations, benefitting in the year from more favourable management of working capital.

ABOUT ALA

ALA S.p.A. (Euronext Growth Milan: ALA), is a leader in Italy and a major global player in integrated logistics services and the distribution of products and components for the aviation and aerospace industry, for both civil and defence purposes (“Aerospace & Defence”). The company also distributes and provides integrated logistics services for products and components for the rail and energy industries.

Founded in 2009 by the Chair Fulvio Scannapieco and Vittorio Genna, entrepreneurs with 30 years of industry experience, ALA now has an operational presence and sales offices in Italy, the United Kingdom, France, Germany, Israel, and the United States.

With turnover of 130.7 million Euro in 2021, 1,300 suppliers across the world, customers in 40 countries, and more than 250 employees, ALA is continuously engaged in pursuing organic and inorganic growth. >> ALA