Financial Highlights
For details please refer to the section Investors/Financial Statements, Reports and Presentations
| Thousand of euro | 31.12.2021 | 31.12.2020 | 31.12.2019 |
| Net sales | 1.069.776 | 1.041.535 | 1.005.718 |
| Adjusted Ebitda* | 52.929 | 48.404 | 38.706 |
| % Adjusted Ebitda | 4,9% | 4,6% | 3,8% |
| Adjusted Ebit | 25.526 | 22.414 | 12.953 |
| Ebit | 23.135 | 18.763 | 8.378 |
| Profit/loss | 18.508 | 12.269 | 2.264 |
| Adjusted profit/loss | 19.093 | 13.979 | 5.280 |
| * Adjusted Ebitda: it’s determined by adding to the Operating Result (EBIT) the amounts for depreciation, amortization, and provisions, and excluding non-recurring costs/income and costs related to the Top management incentives | |||
| Thousand of euro | 31.12.2021 | 31.12.2020 | 31.12.2019 |
| Net Invested Capital | 260.199 | 263.423 | 277.830 |
| Total Shareholders’ Equity | 175.186 | 160.111 | 150.931 |
| Net Financial Position | 84.346 | 103.311 | 126.898 |
| Financial Ratios: | |||
| Net Financial Position/Total Shareholders’ Equity | 0,48 | 0,65 | 0,84 |
| Net Financial Position/Adjusted Ebitda | 1,59 | 2,13 | 3,28 |