THE BOARD OF DIRECTORS OF ALA S.P.A. HAS APPROVED THE CONSOLIDATED INTERIM FINANCIAL REPORT AT 30 JUNE 2023
Naples, 20 September 2023
ALL ECONOMIC INDICATORS SHOW DOUBLE DIGIT GROWTH
SIGNIFICANT ORGANIC GROWTH CONFIRMS THE ALA GROUP’S CENTRAL POSITION IN SECTOR OF INTEGRATED LOGISTICS AND SUPPLY-CHAIN SERVICES
EXCELLENT MARGINS CONFIRMED
- VALUE OF PRODUCTION: € 113.6 million (€ 63.9 million at 30 June 2022) +77.8%
- EBITDA: € 12.3 million (€ 7.1 million at 30 June 2022) +73.4%
- EBIT: € 10.0 million (€ 5.8 million at 30 June 2022) +72.0%
- NET PROFIT: € 5.8 million (€ 3.5 million at 30 June 2022) +66.1%
- NET FINANCIAL POSITION (net debt): – € 33.2 million (- € 28.7 million at 31 December 2022)
Naples, 20 September 2023 – The Board of Directors of ALA S.p.A. (EGM: ALA), leader in Italy and a main global player in the offer of integrated logistics services and the distribution of products and components for the aerospace industry in both the civil and defense sectors (“Aerospace & Defense”), met this morning, under the chairmanship of Fulvio Scannapieco and approved the Draft Financial Statements and the Draft Consolidated Financial Statements at 30 June 2023. For the first time, the report includes the results of the Spanish Group SCP Sintersa acquired on 30 September 2022 (see press release of September 13th, 2022).
Roberto Tonna, Chief Executive Officer of the ALA Group, commented: “We are fully satisfied with the consolidated results at 30 June 2023, which show a significant improvement in the Group’s economic and financial performance compared to the same period of the previous year. More importantly, in the first half of 2023 the ALA Group achieved major objectives in terms of organic growth and profitability, also thanks to the consolidation of the assets of the recently acquired SCP Sintersa for the entire period. The experience and skills acquired with the Spanish companies are proving to be invaluable, allowing us to improve our offer of products and services, which will help the further growth of our business in the coming years. International development and the development of our foreign subsidiaries remain a priority for ALA, and the opening of our new Sales Office in Texas, one of the largest aerospace hubs in the US, moves in this direction. These operations allow us to consolidate our presence in key markets, improving our ability to serve customers at a global level and to offer an increasingly broad and integrated range of high-quality services and products.”
Fulvio Scannapieco, Chairman of the ALA Group, stated: “We are proud of the results achieved in the first half of 2023. This success is the direct effect of our long-term corporate vision and our strategy for growth through targeted acquisitions. The strength of our business model has also been confirmed by the upgrading of our Cerved rating from B1.1 to A3.1 in August. This important result demonstrates our Company’s strong market positioning and confirms our role as a leading operator in the sector. We are pleased with our achievements to date and are confident about the future, and will continue to pursue our mission focused on excellence, responsibility and sustainable growth. I would like to thank the entire team and everyone who contributed to these extraordinary results: dedication, expertise and commitment are the secrets to our success. We will continue to invest in people and innovation to ensure that this growth remains sustainable over time.”
A.L.A. S.p.A. (Euronext Growth Milan: ALA) is a leading international supply chain partner in the Aerospace, Defence, Railway and High-Tech sectors. For more than 35 years, ALA has served as a one-stop partner for the management and distribution of high-performance products, services and engineering solutions designed to streamline and improve its customers’ supply chain management operations. Headquartered in Naples, Italy, ALA – together with its subsidiary S.C.P. Sintersa – currently relies on a talented workforce of more than 500 people and on the strength of a growing network of sales offices and operations offices across Europe (Italy, Spain, Portugal, the United Kingdom, France and Germany), Israel and North America. ALA serves customers in 40 countries and manages more than 1300 suppliers worldwide.