ACROBATICA GROUP: DOUBLE AND TRIPLE DIGIT GROWTH IN ALL COUNTRIES
THE BOARD OF DIRECTORS ACKNOWLEDGES THE CONSOLIDATED REVENUES FOR 2024
- ITALY REVENUES: € 131.1 MILLION (+10.6%)
- FRANCE REVENUES: € 5.4 MILLION (+38.5%)
- IBERICA REVENUES: € 2.04 MILLION (+70.0%)
- MONACO REVENUES: € 1.02 MILLION (+537.5%)
- ENIGMA REVENUES: € 12.3 MILLION (+55.7%)
- ENERGY REVENUES[1]: € 0.6 MILLION (-98.2%)
- GROUP REVENUES: € 152.5 MILLION (-7.3%)
Genoa, 12 February 2025 – Anna Marras, Chief Executive Officer of EdiliziAcrobatica S.p.A. (“Company” or “Acrobatica”) – the company specialising in double safety rope access construction work, listed on Euronext Growth Milan (ticker EDAC) and Euronext Growth Paris (ticker ALEAC), which has operated under the single brand ACROBATICA since 2024 – announced to today’s Board of Directors the value of the consolidated revenues generated by the Company, not subject to audit, in its national and international context for 2024.
“We have closed an exciting year, and we are completely satisfied with it in every way. A year that has brought significant growth for our entire Group”, commented Anna Marras, CEO of EdiliziAcrobatica S.p.A. – “in every country: from Italy to France, Spain, Monaco and the United Arab Emirates. Specifically, when it comes to Italy, I am particularly proud of the result we achieved, as it is a clear indication of how the group has continued to grow despite external factors. Our rope access construction business is gaining more recognition, being selected as the method of choice by a growing number of people. I am also very pleased with the results of our start-up, Acrobatica Energy, which has expanded its presence in the photovoltaic sector since January through a partnership with Etica nel Sole. This collaboration led to the creation of Voltica, a dedicated business unit for the industrial sector. With Energy, we have launched a groundbreaking project that, once fully operational, will be unmatched in Italy. It will provide a comprehensive service covering the entire lifecycle of photovoltaic systems—from design to maintenance—nationwide, leveraging Acrobatica’s extensive presence from North to South. We had no concerns about our consolidated revenues not reflecting the figures from EA110, our Superbonus-focused company, because we were confident in the large-scale project we were developing. This initiative is guiding us toward the rapidly expanding renewable energy sector. Finally, turning to the numbers, which are clear indicators of a company’s performance, I can only highlight how, compared to the latest data released, our consolidated revenues have improved, going from -8% in the first 9 months to the current -7.3%”.
Starting with Italy, Acrobatica has shown once again that it is a vibrant and solid company. While many companies operating in its reference market (construction) are stagnating, Acrobatica reports revenues of 131.1 million euros, a 10.6% increase compared to the 118.5 million euros for the same period in 2023.
In France, Acrobatica grew by 38.5% with revenues amounting to 5.4 million euros, up from 3.9 million euros in 2023.
In Spain, Acrobatica Iberica grew by 70% with revenues totaling 2.04 million euros, up from 1.2 million euros in the corresponding period of the previous year.
Monaco, where Acrobatica has been operational since 2023, has recorded an extraordinary 537.5% increase, with revenues amounting to 1.02 million euros, compared to 0,2 million euros last year.
In the Arabian Peninsula, where Acrobatica operates as the majority shareholder of Enigma—selected for its strong growth potential in a market where rope access is the preferred technique—revenue surged by 55.%, reaching 12.3 million euros compared to 0.16 million euros in 2023. This growth spans key markets, including Saudi Arabia, the UAE, and Kuwait.
Regarding the start-up Acrobatica Energy, founded in January 2024 as a conversion of EA110, Acrobatica’s business unit that operated in the State Incentives sector, revenues amounted to 600,000 euros. However, in light of the business unit’s new entry into the renewable energy market, this represents a 98.2% decrease compared to the 32 million euros in revenues generated by EA110 from the recent State Bonuses.
The Group’s human resources have grown by about 500, compared to the nearly 2,500 recorded as of December 31, 2023, bringing the total to around 3,000 people. This growth should be interpreted as an extraordinarily positive figure because the addition of so many people is due to the exponential rise in requests for works and the diversification of the Group’s business.
Lastly, the Group now operates in 175 areas across Italy, France, Spain, Monaco, the UAE, Saudi Arabia, Kuwait, and through franchised companies, up from 159 in the same period of 2023.
This press release is available in the Investor Relations section of the website www.acrobaticagroup.com and on the 1info channel.
[1] Energy is a start-up of the Acrobatica Group that operates in the photovoltaic sector and was created in January 2024 to replace EA110, the Group’s business unit dedicated to the 110 State Bonus. The figure showing -98% is therefore the result of the end of operations of EA110 and the entry of Energy into the renewables sector.
