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are in no way intended to constitute investment advice or a recommendation for investment in financial
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PRESS RELEASE
THE BOARD OF DIRECTORS HAS APPROVED
THE DRAFT FINANCIAL STATEMENTS AT 31 DECEMBER 2019 AND CONSOLIDATED FINANCIAL
STATEMENTS 2019
VALUE OF PRODUCTION, + 59.3% AT € 41.8M
EBITDA AT € 4.2M
NET PROFIT AT € 1M
• Production Value at € 41.8 million, +59.3 YoY;
• EBITDA at € 4.2 million (EBITDA Margin at 10.1%);
• EBIT at € 2.3 million (EBIT Margin at 5.6%);
• Net profit at € 1 million;
• Negative Net Financial Position (NFP) (debt) of € 2.6 Million
Genoa, 27 March 2020 – The Board of Directors of EdiliziAcrobatica S.p.A. (“Company” or “EDAC”), a
company specialized in double safety rope construction works, such as maintenance and renovation of
buildings and other architectural structures, listed on the AIM Italia segment of the Italian Stock Exchange
(EDAC ticker) and on Euronext Growth (ALEAC ticker), met today under the chairmanship of Simonetta
Simoni and examined and approved the draft financial statements as at December 31, 2019, prepared in
accordance with the AIM Italia Issuers’ Regulations and in compliance with Italian accounting principles.
Riccardo Iovino, CEO and Founder of EDAC, commented: “2019 was a year of great growth for
EdiliziAcrobatica: a year that saw us, the first Italian company in our sector, give birth to the Dual Listing of
our share, listed since February also on the European Capital Market, Euronext Growth, traded in Paris.
France, in general, is then the country where we have concentrated our efforts of internationalization with
our opening of the first operational headquarters of EdiliziAcrobatica France in Perpignan, following the
acquisition of ETAIR – Entreprise de Travaux Aériens et d’Interventions Rapides Méditerranée, a company
specialized in renovation works with double safety rope. Shortly after this first opening, we started the
selection of commercial technicians in other cities of the Midi (Nice, Marseille and Toulouse), which were
quickly put into full operational conditions. Our internationalization project is not stopping, and this year
we are working to expand our technique in other cities in France and Spain.
Coming at the present time of serious difficulties for the country, due to the Coronavirus pandemic, as
EdiliziAcrobatica we have put all our strength and determination to continue to be operational and
productive. We have therefore immediately started the procedures for the opening of a service dedicated
to environmental sanitation, responding to the pressing demands of our customers, investing in the
acquisition of machinery, detergents, and safety devices for personnel.
I have always considered the difficulties I have encountered as an entrepreneur, as a stimulus to grow and
renew the company: as an essential run-up to make a wider leap into the future. Today, EdiliziAcrobatica is,
once again, intercepting the needs of the market to meet them efficiently and quickly.
The responsibility that I feel as an entrepreneur, towards my employees and collaborators and their
families, towards investors, as well as towards my country, is an ethical principle that has guided me since I
created EdiliziAcrobatica and from which I do not intend to escape even now. EdiliziAcrobatica will continue
to grow in this complex 2020, seizing every challenge with the determination to win it”.
Anna Marras, Member of EdiliziAcrobatica and Managing Director of all EDAC resources: “In 2019
EdiliziAcrobatica employed 800 human resources, including employees and collaborators. 800 people that
we are committed to constantly training to support them in a path of growth, not only professional, but
human. Our philosophy, the entrepreneurial ethics that distinguishes us, is based on the inclusion and
support of each of the people who make up our Group. The figures, income statement, turnover and
growth that distinguished 2019 are the result of a humanistic, albeit financial, strategy. Our strength, the
most precious resource of EdiliziAcrobatica, are the men and women who make it up and who work every
day sharing a Group objective: to always grow, because for us it is unthinkable to stand still and be pleased
with the results achieved. Each one of us feels personally involved, as a unique and irreplaceable human
being, in the shared project of making our Acrobatic technology the most widespread building technology
in the world”.
Deborah Dirani
Press Office
ufficiostampa@ediliziacrobatica.com
www.ediliziacrobatica.com
EdiliziAcrobatica SpA
Directorate General
Viale Brigate Partigiane 18/2A
16129 Genova (GE)
Mob: +39 393 8911364
