PRESS RELEASE – THE SHAREHOLDERS’ MEETING APPROVES THE TREASURY SHARE PURCHASE PLAN
\nPROPOSED BY THE BOARD OF DIRECTORS
\nRiccardo Iovino AD “Our business model continues to be a winner”.
\nMilan, 21 December 2018 – Riccardo Iovino, Managing Director of EdiliziAcrobatica S.p.A. (“Company” or
\n“EDAC”), a company specialized in double safety rope construction works, listed since November 2018 on
\nthe AIM market of Borsa Italiana (ticker: EDAC), has disclosed data concerning the financial performance of
\nthe Company, not subject to statutory audit, and its expansion in Italy.
\nAs at 30 September 2018, the positive trend recorded at the end of the first half of 2018 was confirmed.
\nIn particular, revenues for the first nine months of the year amounted to approximately Euro 18 million, up
\n47.6% compared to the corresponding figure for the previous year, equal to approximately Euro 12.2
\nmillion.
\nAs of 30 September 2018, the direct operating offices reached 34, with an increase of 7 units, compared to
\nthe 27 registered as of 31 December 2017.
\nAs at 30 September 2018, the number of franchised operating offices reached 29, with an increase of 7
\nunits compared to 22 as at 31 December 2017.
\nRiccardo Iovino, founder and CEO of EdiliziAcrobatica S.p.A., commented as follows: “The results achieved
\nin 2018 by the Company confirm that the business model, based on the indisputability of the numerical
\nseries and the recognition of the value of human resources as characterising elements of EdiliziAcrobatica,
\nis winning in its uniqueness. The growth in the first nine months of 2018 does not surprise us because it is
\npart of a series of similar performances that EdiliziAcrobatica has been ringing in the last 5 years. Our vision
\nof the work, commitment, care and attention that all of us, from the youngest of the workers to the oldest
\nof the managers, put into satisfying the requests that come our way is what makes EdiliziAcrobatica a
\nreliable entrepreneurial reality that is chosen every day by an increasing number of customers. In the light
\nof the results obtained and in consideration of the analyses carried out, which have identified an enormous
\npotential for expansion, represented by markets – including foreign markets – ready to welcome the knowhow of EdiliziAcrobatica, we feel ready to take up and win the new challenges of growth and expansion
\nthat 2019 presents us with”.[\/vc_column_text][vc_empty_space height=”22px”][vc_column_text]11- PRESS RELEASE – THE SHAREHOLDERS’ MEETING APPROVES THE TREASURY SHARE PURCHASE PLAN PROPOSED BY THE BOARD OF DIRECTORS 09.01.2019<\/a>[\/vc_column_text][vc_empty_space height=”22px”][vc_column_text]CONTACTS
\nPrint Office EdiliziAcrobatica
\nDeborah Dirani
\nufficiostampa@ediliziacrobatica.com
\nMob: 393 8911364[\/vc_column_text][\/vc_column][\/vc_row]\n","protected":false},"featured_media":0,"template":"","categorie_comunicati_stampa":[],"class_list":["post-1516112","investor-releases","type-investor-releases","status-publish"],"acf":[],"_links":{"self":[{"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/investor-releases\/1516112","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/investor-releases"}],"about":[{"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/types\/investor-releases"}],"wp:attachment":[{"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/media?parent=1516112"}],"wp:term":[{"taxonomy":"categorie_comunicati_stampa","embeddable":true,"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/categorie_comunicati_stampa?post=1516112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}