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ACROBATICA GROUP: THE BOARD OF DIRECTORS APPROVES THE FINANCIAL STATEMENTS AND THE CONSOLIDATED FINANCIAL STATEMENTS FOR 2024

  • EDILIZIACROBATICA S.P.A’S REVENUES amounts to approximately € 133.8 MILLION
  • CONSOLIDATED REVENUES amounts to approximately € 154.5 MILLION
  • EDILIZIACROBATICA S.P.A’S EBITDA amounts to approximately € 12.5 MILLION
  • CONSOLIDATED EBITDA amounts to approximately € 10.9 MILLION
  • EDILIZIACROBATICA S.P.A’S EBIT amounts to approximately € 4.6 MILLION
  • CONSOLIDATED EBIT amounts to approximately € 1.6 MILLION
  • EDILIZIACROBATICA S.P.A’S NET PROFIT amounts to approximately € 1.3 MILLION
  • CONSOLIDATED NET PROFIT amounts to approximately -€ 2.8 MILLION
  • EDILIZIACROBATICA S.P.A’S NET FINANCIAL POSITION amounts to approximately -€ 34.6 MILLION
  • CONSOLIDATED NET FINANCIAL POSITION amounts to approximately -€ 42.5 MILLION

Genoa, 26 March 2025 – The Board of Directors of EdiliziAcrobatica S.p.A., (“Company” or “Acrobatica”) – the company specialising in double safety rope access construction work, listed on the multilateral trading systems Euronext Growth Milan (ticker EDAC) and Euronext Growth Paris (ticker ALEAC), which has operated under the single brand ACROBATICA from 2024 – convened today to review and approve the financial statements and the consolidated financial statements as of 31 December 2024, prepared in accordance with the Euronext Growth Milan Issuers Regulation and in compliance with international accounting standards.

Anna Marras, CEO of EdiliziAcrobatica S.p.A., commented: “Acrobatica has always invested in the training of its team members, considering it a priority to support both its own growth and, naturally, theirs. Over the years, we have created dedicated Academies where our managers and rope access operators have been able to train to improve their skills and abilities. Nevertheless, training is a process that is never-ending, and to be effective, it requires consistency and continuous investment, to which Acrobatica remains committed. In 2024, in particular, the group decided to make a significant investment to create a specialised technical training programme, which was attended by around one hundred of our rope access operators. Thanks to the training they received, they can now be employed across various company sectors, not only in restorations or building maintenance but also in renewable energy fields such as wind and solar power. This investment that the company has chosen to make represents an effort that we are confident will yield returns in a very short time, resulting in two significant outcomes. On one hand, it allows us to rely on internal technicians with cross-functional skills who can be employed in various types of work; on the other hand, it has enabled them to gain the skills needed to excel in their field”.

Riccardo Banfo, Group CFO of Acrobatica: “EdiliziAcrobatica S.p.A., despite operating in a difficult national economic environment, has once again shown remarkable resilience and flexibility. The Italian company has achieved strong revenue levels, surpassing 130 million, reflecting a 16% growth compared to 2023. Moreover, the Italian company has made significant investments, recognised as non-recurring costs, for both its internal workforce and international operations, in anticipation of the development the group will need to drive in the coming years. Nevertheless, the net profit recorded is positive and quite substantial, given the aforementioned context. At a consolidated level, we can confidently say that foreign operations, such as those in France and Spain, despite still recording negative results in 2024, have made significant progress in reducing their losses compared to 2023, and the early 2025 data is very encouraging in terms of reaching breakeven. The company operating in the Middle East and the one in Monaco are already recording positive results. At the consolidated level, it is important to highlight that Acrobatica Energy, which had significantly contributed to the group’s positive results in 2023, after the end of the tax benefits, has relaunched itself from a start-up phase, reinventing itself in a new and highly promising market, such as the installation of solar panels”.

Below is the reclassified consolidated income statement in Euro/thousands.