(Alliance News) - ALA Spa reported Tuesday that it closed 2022 with a record value of production of EUR158.2 million, up 21 percent from December 31, 2021, when it was EUR130.7 million.

Ebitda shows significant growth in the range of 15 to 20 percent from the previous year, when it was EUR13.8 million. Ebitda mMargin is in line with the consolidated margin as of December 31, 2021, at 10.6 percent.

These consolidated financial figures include, as of the fourth quarter of 2022, the contribution related to the acquisition of 100 percent of the Spanish group SCP Sintersa, concluded in September. The value of production also benefited from solid organic growth of about 12 percent, supported by significant order intake in 2022, possible thanks to a solid and scalable business model.

Net financial position closes at EUR28.8 million compared to debt as of December 31, 2021 of EUR5 million and includes the EUR35 million bank loan disbursed on September 30, 2022 for the acquisition of SCP Sintersa.

"This result shows that ALA has continued to generate cash, in line with the performance of recent years," the company explained.

Roberto Tonna, ALA Group CEO, commented, "The preliminary consolidated results for fiscal year 2022 that we have reviewed show a significant improvement in performance when compared to the 2021 figures. More importantly, in 2022, we have achieved our goals in both organic growth and M&A. Today, we occupy a solid, high-potential position in growth sectors such as Aerospace, Defense and Rail, and through the efforts of our team we will continue to expand our market share in the future."

"Our vision is to become the leading supply chain partner for the most demanding high-tech industries, and we remain determined and absolutely focused on creating long-term sustainable value for our customers, our shareholders, our people and the communities of which we are a part."

ALA is flat at EUR12.00 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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