Naples, July  22, 2025 – ALA S.p.A. (EGM: ALA), leader in Italy and among the main players at global level in the offering of integrated logistics services and in the distribution of products and components for the aeronautics and aerospace industry, both in the civil and Defence sectors (“Aerospace & Defence”), listed on the Euronext Growth Milan Market managed by Borsa Italiana, announces that it has received confirmation of its A3.1 public rating from Cerved Rating Agency, a company specialized in assessing the creditworthiness of Italian non-financial enterprises.

The rating reflects:

1. the Group’s strong positioning among the top five global players and as the leading independent operator in Europe in the Aerospace and Defence sectors;
2. the significant growth in economic performance in FY24, with a Production Value of approximately €291 million (+24.8% YoY) and an EBITDA of €35.8 million (+41% YoY), also supported by the full operational launch of several major new contracts;
3.  the maintenance of a low-risk profile and a balanced capital structure, despite an increase in Net Financial Position (to €47.7 million) aimed at supporting working capital and strategic investments.

Cerved Rating Agency forecasts further growth in revenues and margins for FY25, particularly in the Defence sector, supported by the Group’s management continuity and financial solidity. Raffaele Carriola, Chief Financial Officer of ALA Group, commented: “We are proud of the confirmation of the A3.1 rating by Cerved Rating Agency — a recognition that confirms the strength of our business, our ability to effectively navigate market challenges, and our financial reliability. The year 2024 marked a period of significant expansion, driven by new strategic contracts and increased operating margins. This result highlights the value of our industrial model and strengthens our growth ambitions, especially in light of the upcoming entry of the H.I.G. Europe fund. We will continue to invest in innovation and quality, maintaining the trust of our customers, partners, and investors.”

***

A.L.A. S.p.A. (Euronext Growth Milan: ALA) is one of the leading international supply chain partners for the Aerospace, Defence, Railway, and High-Tech sectors. For over 35 years, ALA has positioned itself as a single, trusted partner for the management and distribution of high-performance products, services, and engineering solutions designed to simplify and optimize its clients’ supply chain operations. Headquartered in Naples, Italy, ALA – together with its subsidiary S.C.P. Sintersa – today relies on the talent of over 650 professionals and the strength of a growing network of commercial offices and operational sites across Europe (Italy, Spain, Portugal, the United Kingdom, France, and Germany), Israel, and North America. ALA serves customers in 40 countries and manages a global network of more than 1,500 suppliers.www.alacorporation.com

• Protecting customers and company data from unauthorized access
• Maintaining the accuracy and trustworthiness of information
• Ensuring information and services are accessible when needed

This certification involves our Group companies – ALA Italy, ALA France, ALA Germany, ALA UK, and ALA North America, highlighting our collective responsibility to manage data securely across multiple markets in which we operate, strengthening both trust and transparency with our clients and partners globally.
We are proud to lead the way in securing not just data but the future of our operation.

To know more https://lnkd.in/dy9rAKWU

Approval of the Company’s Financial Statements at 31 December 2024 and acknowledgment of the Group’s Consolidated Financial Statements at 31 December 2024

The Shareholders’ Meeting passed a resolution to approve the Company’s Financial Statements and examined the Group’s Consolidated Financial Statements at 31 December 2024.

Main results of the Group Parent company ALA S.p.A. at 31 December 2024:

The Value of Production was equal to € 147.6 million (€ 133.2 million in 2023)
EBITDA stood at € 20.7 million (€ 16.7 million in 2023)
EBITDA Margin was equal to 14.0% (12.5% in 2023)
Net profit was € 13.06 million (€ 10.1 million in 2023)
Net Financial Position (debt) was € 35.8 million (€ 26.2 million debt in 2023)

Main consolidated results at 31 December 2024:

The Value of Production was equal to € 290.0 million (€ 233.1 million in 2023)
The Gross Margin was equal to € 89.9 million (€ 71.7 million at 31 December 2023)
EBITDA was equal to € 35.8 million (€ 25.4 million at 31 December 2023)
EBITDA Margin was equal to 12.3% (10.9%% at 31 December 2023)
EBIT was equal to € 30.7 million (€ 21.2 million at 31 December 2023)
Net profit was € 16.8 million (€ 9.8 million at 31 December 2023)
Net Financial Position (debt) was € 47.7 million (€ 29.2 million debt at 31 December 2023)
Consolidated shareholders’ equity totaled € 76.5 million (€ 65.5 million at 31 December 2023)

Allocation of net profit for the year

The Shareholders’ Meeting passed a resolution to allocate the net profit for the year of € 13,062,213 as follows: € 6,772,500 to distribute a dividend of € 0.75 per share, gross of legal withholdings, with ex dividend date on 19 May 2024, in compliance with the 2025 Euronext Growth Milan calendar, record date on 20 May 2025, and payment date on 21 May 2025; the remainder of € 6,289,713 to retained earnings, of which € 291,838 to the non-distributable foreign exchange translation reserve under Art. 2426, paragraph 8-bis, of the Italian Civil Code.

Appointment of the members of the Board of Directors and the relevant Chairman

The Shareholders’ Meeting approved the composition of the new Board of Directors of ALA S.p.A. for 2025-2027, following the list presented by the shareholder A.I.P. Italia, which holds 6,662,336 ordinary shares, equal to 73.78% of the share capital. The Board of Directors consists of 5 directors, including one independent director, who will serve for three years, i.e. until the date of approval of the Financial Statements at 31, December 2027.
The Shareholders’ Meeting then appointed the President of the Company’s Board of Directors, confirming Dr. Fulvio Scannapieco, and resolved the directors’ compensation. Therefore, the new Board of Directors is composed as follows:

1. Fulvio Scannapieco – Chairman
2. Vittorio Genna
3. Roberto Tonna
4. Matteo Scannapieco
5. Andrea Costantini – Independent Director

The curricula of the directors and further supporting documentation are available at the registered office, as well as
on the Company’s website at: www.alacorporation.com.

Authorization for the purchase and disposal of own shares

The Shareholders’ Meeting resolved to authorize, subject to revocation of the previous authorization resolution passed by the Ordinary Shareholders’ Meeting on 29 April 2024, the Board of Directors to purchase, for a period not exceeding eighteen months from the date of this resolution, the Company’s ordinary shares without par value, in one or more tranches, also on a revolving basis, up to a maximum number of own shares of 5% of the outstanding shares, considering the Company’s ordinary shares from time to time held either directly by the Company or by its subsidiaries and, in any case, where lower, up to the maximum number of shares permitted by law from time to time.

The authorization to purchase and dispose of own shares subject to this proposal is required to enable the Company – in compliance with the relevant law, including European law, and the accepted market practices pro tempore in force – to pursue the following purposes:

i) preservation for subsequent use, including: consideration in extraordinary transactions, including the exchange or sale of equity investments to be carried out by means of exchange, contribution, or other act of disposal and/or use, with other parties, or allocation to service bonds convertible into shares of the Company or warrant bonds;

ii) to regulate, directly or through intermediaries, trading, and price trends and to support the liquidity of the share on the market, without prejudice to compliance with current regulations;

iii) to service future remuneration and incentive plans based on financial instruments reserved for directors and employees of the Company, either through the free granting of purchase options or through the free allotment of shares (so-called stock option and stock grant plans), or to service variable remuneration policies based on financial instruments;

iv) transactions involving own shares with a view to medium-long term investment, also to establish lasting equity investments, or in any case to seize market opportunities, also through the purchase and sale of shares, operating both on the market and (as regards sale, disposal, or use) the so-called over-the-counter markets, or even off-market through accelerated book-building or block procedures;

v) to service any future programs for the free allotment of shares to Shareholders, it being understood that, should the reasons that led to the purchase cease to exist, the own shares purchased in execution of this authorization may be used for one of the other purposes indicated above, or sold.

Documents

The Reports and the Consolidated Financial Statements at 31 December 2024 are available on the website www.alacorporation.com in the Investor Relations/Financial Statements and Reports section, as well as on the website www.borsaitaliana.com, Shares/Documents section.

The summary of the votes and the minutes of the Shareholders’ Meeting will be made available to the public in the manner and timeframe envisaged by the law in force and will be available on the website www.alacorporation.com, in the Investor Relations/Shareholders’ Meetings section, and on the website www.borsaitaliana.com, in the Shares/Documents section.

***

A.L.A. S.p.A. (Euronext Growth Milan: ALA) is a leading international supply chain partner in the Aerospace, Defence, Railway and High-Tech sectors. For more than 35 years, ALA has served as a one-stop partner for the management and distribution of high-performance products, services and engineering solutions designed to streamline and improve its customers’ supply chain management operations. Headquartered in Naples, Italy, ALA – together with its subsidiary S.C.P. Sintersa – currently relies on a talented workforce of more than 650 people and on the strength of a growing network of sales offices and operations offices across Europe (Italy, Spain, Portugal, the United Kingdom, France and Germany), Israel and North America. ALA serves customers in 40 countries and manages more than 1,500 suppliers worldwide. www.alacorporation.com

The Shareholders’ Meeting of ALA S.p.A. is called for its ordinary meeting at the Company’s registered office in Viale John Fitzgerald Kennedy 54, Naples, on 28 April 2025 at 11:00 a.m., to discuss and pass resolutions on the following

AGENDA

1. Approval of the financial statements at 31 December 2024 and allocation of the related result for the year and noting of the Group consolidated financial statements at 31 December 2024:
1.1. Approval of the financial statements at 31 December 2024 and noting of the Group consolidated financial statements at 31 December 2024; related and consequent resolutions;
1.2. Allocation of the result for the year; related and consequent resolutions;

2. Appointment of the Board of Directors; related and consequent resolutions:
2.1 Determination of the term of office of the members of the Board of Directors;
2.2 Determination of the number of members of the Board of Directors;
2.3 Appointment of the members; related and consequent resolutions;
2.4 Determination of the fee; related and consequent resolutions.

3. Authorisation for the purchase and disposal of own shares, subject to withdrawal of the previous authorisation conferred by the Ordinary Shareholders’ Meeting on 28 April 2024; related and
consequent resolutions.

***

Share capital and entitlement to participate in the Shareholders’ Meeting
The Company’s share capital totals Euro 9,500,000.00 and consists of 9,030,000 ordinary shares without indication of the nominal value; each share gives entitlement to a vote at the Company’s Shareholders’ Meetings.

Pursuant to art. 19 of the By-Laws and art. 83-sexies, paragraph 4, of the Consolidated Law on Finance (TUF), the entitlement to participate in the Shareholders’ Meeting is subordinate to the Company receiving, specific pursuant to the law, the communication, to be requested from each subject entitled to participate, by the end of the third open market day prior to the date set for the Shareholders’ Meeting (i.e. 23 April 2025), i.e.
the communication issued by the authorised intermediary (the “Intermediary’s Communication”) which, on the basis of its accounting entries, bears witness to their entitlement to participate.

The shareholder is, in any case, entitled to participate and vote in the Shareholders’ Meeting when the Intermediary’s Communication reaches the Company after the aforementioned deadline, provided that it arrives by the start of the works of the Shareholders’ Meeting in the single call.

The Intermediary’s Communication is made by the same on the basis of the figures found at the end of the accounting day on the seventh open market day prior to the date set for the Shareholders’ Meeting (i.e. 15 April 2025 – the record date).

The credit or debit entries made on accounts following this deadline are not relevant for the purposes of entitling the shareholder to exercise their voting right at the Shareholders’ Meeting. Therefore, people who are holders of shares only following this date will not be entitled to participate and vote at the Shareholders’ Meeting.

Means of participating in the Shareholders’ Meeting
The Shareholders’ Meeting will take place solely in physical form at the Company’s registered office. No voting procedures by post or electronically are envisaged.

For organisational needs and to facilitate the works of the Shareholders’ Meeting, shareholders who intend to participate in the meeting are invited to give advance notice of their presence to the Company by writing to investor.relations@alacorporation.com.

Those entitled to vote can be represented in the Shareholders’ Meeting pursuant to the law, by means of a proxy issued in accordance with the means envisaged by the law in force. To this end, the proxy form can be used which is available on the Company’s website www.alacorporation.com – “Governance –
Shareholders’ Meetings” section.

To confer and transmit the proxies, the means set out in the aforementioned form must be followed.

Appointment of the Members of the Board of Directors
Pursuant to art. 25 of the By-Laws, the appointment of the members of the Board of Directors is done through a slate vote, in accordance with the means indicated in the By-Laws to which reference should be made. A list can be presented by holders of shares who, at the time of presenting the list, hold, individually or jointly, a shareholding of at least 10% of the share capital.

The certification which bears witness to ownership of the minimum shareholding necessary to present lists – which is determined having regard to the shares which are registered to the shareholder on the day on which the lists are deposited at the Company – may also be produced subsequent to the date for depositing the list at the registered office, provided that it is done within the deadline envisaged for the publication of the lists by the Company (i.e. by 23 April 2025).

To avoid being unpresentable, the list must be deposited at the registered office by 1:00 p.m. on the 7th (seventh) day prior to the date that the Shareholders’ Meeting is called (i.e. 21 April 2025). Alongside each list, the following must also be submitted: (i) the information regarding the identity of the shareholders who submitted them, indicating the percentage of participation they collectively hold; (ii) the curriculum vitae of each person designated; (iii) a statement by the candidates confirm, under their own responsibility, that there are no grounds for incompatibility or ineligibility and that they have the prerequisites envisaged by the Laws and by the By-Laws; (iv) the statement accepting the candidacy; (v) the evidence that candidates with the independence requirements have been selected based on the criteria currently in force and (vi) every other statement which may be envisaged by the applicable law.

Every shareholder, as well as the shareholders belonging to the same group (in the sense of subsidiaries, parent companies and companies subject to control of the same under art. 2359 of the Italian Civil Code), and shareholders who participate, also through subsidiaries, in a shareholders’ agreement regarding the Company’s shares, cannot present more than one list, including through a third party or a trust.

In the case of the presentation of a single list, the shareholders’ meeting shall cast its vote on it and, only if it obtains the majority required by law, the candidates listed in progressive order shall be elected as directors, up to the number of directors to be elected.

Candidacies received by the Company in compliance with the above timeframes will be made public by publication on the Company’s website www.alacorporation.com, “Governance – Shareholders’ Meetings” section, at the latest by the 5th (fifth) day prior to the date of the Shareholders’ Meeting (i.e. 23 April 2025).

Documentation
At the same time as publishing this call notice, there is made available to the public on the Company’s website www.alacorporation.com, “Governance – Shareholders’ Meetings” section and with any further means envisaged by the applicable laws and regulations, the Board of Directors’ report on the proposals regarding the items listed on the agenda.

In the same section of the Company’s website, the proxy form will be made available to the public in order to participate in the Shareholders’ Meeting. Shareholders are entitled to obtain a copy.

In addition, the financial statements at 31 December 2024 and the related reports will be made available to the public within the legal deadlines at the registered office in Viale John Fitzgerald Kennedy 54, Naples and on the Company’s website www.alacorporation.com, “Governance – Shareholders’ Meetings” section.

This call notice is published on the Company’s website www.alacorporation.com, “Governance – Shareholders’ Meetings” section and, in extract, in the newspaper MF/Milano  Finanza on 11 April 2025.

Naples, April 11, 2025

***

A.L.A. S.p.A. (Euronext Growth Milan: ALA) is a leading international supply chain partner in the Aerospace, Defence,
Railway and High-Tech sectors. For more than 35 years, ALA has served as a one-stop partner for the management
and distribution of high-performance products, services and engineering solutions designed to streamline and improve
its customers’ supply chain management operations. Headquartered in Naples, Italy, ALA – together with its subsidiary
S.C.P. Sintersa – currently relies on a talented workforce of more than 650 people and on the strength of a growing
network of sales offices and operations offices across Europe (Italy, Spain, Portugal, the United Kingdom, France and
Germany), Israel and North America. ALA serves customers in 40 countries and manages more than 1500 suppliers
worldwide.
www.alacorporation.com

The conference, organized by Virgilio IR, in partnership with leading players in the financial markets, will take place on Tuesday and Wednesday, April 8 – 9, 2025, being an opportunity for the main Italian listed companies and international institutional investors to meet. 

Representing the Company will be the Chief Executive Officer, Roberto Tonna, and the Chief Financial Officer, Raffaele Carriola, who will discuss the excellent record results achieved during the financial year 2024 and introduce the Group’s future strategy. 

 ***

A.L.A. S.p.A. (Euronext Growth Milan: ALA) is a leading international supply chain partner in the Aerospace, Defense, Rail and High-Tech sectors. For over 35 years, ALA has been the go-to reference partner for the management and distribution of high-performance products, services and engineering solutions capable of simplifying and optimizing the supply chain management operations of its customers. With Headquarters in Naples, Italy, ALA – together with its subsidiary S.C.P. Sintersa – currently relies on a talented workforce of more than 650 people and on the strength of a growing network of sales offices and operations offices across Europe (Italy, Spain, Portugal, the United Kingdom, France and Germany), Israel and North America. ALA supplies customers in 40 countries and manages more than 1500 suppliers worldwide. www.alacorporation.com

THE ALA GROUP AIMS TO FURTHER STRENGTHEN
ITS POSITION AMONG THE WORLD’S LEADING PLAYERS IN THE SECTOR

• PRODUCTION VALUE: Euro 291.0 million (Euro 233.1 million in 2023)
+ 24.8%
• EBITDA: Euro 35.8 million (Euro 25.4 million in 2023) +41.0%. EBITDA Margin
12.3% (10.9% in 2023)
• EBIT: Euro 30.7 million (Euro 21.2 million in 2023) +44.8%
• NET PROFIT: Euro 16.8 million (Euro 9.8 million in 2023) +72.1%
• NET FINANCIAL POSITION (net debt): Euro 47.7 million (Euro 29.2 million as at 31 December 2023), in line with the Euro 46.7 million as at 30 June 2024 

Naples, 28 March 2025 – The Board of Directors of ALA S.p.A. (EGM: ALA), leader in Italy and among the main players at global level in the offering of integrated logistics services and in the distribution of products and components for the aeronautics and aerospace industry, both in the civil and defence sectors (“Aerospace & Defence”), listed on the Euronext Growth Milan Market managed by Borsa Italiana, under the chairmanship of Fulvio Scannapieco, met yesterday, 27 March 2025 and approved the Draft Annual and Consolidated Figures at 31 December 2024. Note that the Company released preliminary consolidated figures as at 31 December 2024 on 12 February 2025, the latter unaudited.

Fulvio Scannapieco, Founder and Chairman of the ALA Group, commented: “We are extremely satisfied with the Group’s 2024 results, which mark record results in terms of volumes and margins. The results were the result of an effective expansion strategy, which saw significant growth in the main business lines and optimal supply chain management. This has enabled the Group to consolidate its leading role in Italy in the distribution of fasteners and integrated logistics for the aviation industry and to position itself among the major global players. A significant contribution to these results came from the subsidiary Sintersa, which strengthened its market presence with new operations in Italy and Spain, and from the continuous development of commercial synergies with other subsidiaries. Looking to the future, we are very positive to continue in this direction and to continue working for growth, especially internationally, with a special focus on expansion in the markets of North America, Asia Pacific and the Middle East”.

 ***

CONSOLIDATED FINANCIAL HIGHLIGHTS

The consolidated results for FY 2024 confirm a further series of records, with significant organic growth and improved profitability, thanks to the effective commercial and operational strategies implemented. In this scenario, the ALA Group consolidates its key role, establishing itself as a leader in Italy in the distribution of fasteners and integrated logistics for aviation companies. This growth is reflected in the increase in consolidated sales from approximately Euro 130.7 million in 2021 to Euro 291 million as at 31 December 2024 (+122.6%; CAGR 30.5%). The ALA Group is today one of the largest players in the global market and is characterized by being one of the largest independent players within the competitive context.

Production Value reached Euro 291.0 million (Euro 233.1 million in FY 2023), with a significant YoY increase of 24.8% over 2023 figures, due to the performance of the main business lines.

The Gross Margin was Euro 89.9 million, compared to Euro 71.7 million in FY 2023, in line with the increase in revenue. The Gross Margin as a percentage of revenue was around 30.9%, an improvement of approximately 0.2 percentage points compared to the previous year.

EBITDA amounted to Euro 35.8 million, a more than significant growth of 41.0% (Euro 25.4 million in 2023). This result highlights the effectiveness of the Company’s current operational and commercial strategies, as well as underlining the quality of the additional revenue generated by the ALA Group in 2024. The EBITDA Margin stood at 12.3% with an increase of 1.4 percentage points over the previous year, confirming the scalability of ALA’s business model.

EBIT amounted to Euro 30.7 million compared to Euro 21.2 million in the previous year, with a significant increase of about Euro 9.5 million, or +44.8%. The EBIT trend shows, with reference to previous years, a steady improvement. The asset-light structure adopted by the group over time has allowed it to have an EBIT that is not significantly different from the EBITDA. Consolidated Net Profit for FY 2024 amounted to Euro 16.8 million, a strong increase of 72.1% compared to Euro 9.8 million in the previous year.

The Net Financial Position (debt) amounted to Euro 47.7 million, in line with the Euro 46.7 million recorded as at 30 June 2024, and up from Euro 29.2 million as at 31 December 2023. This increase reflects the major investment transactions aimed at supporting the Group’s future growth.

At 31 December 2024, the Group capitalisation level further improved; indeed, Consolidated Shareholders’ Equity went from Euro 65.5 million at 31 December 2023 to Euro 76.5 million, essentially due to the result for the period and despite the distribution of dividends of last May, amounting to approximately Euro 6.8 million.

 ***

EVENTS OCCURRING DURING THE FINANCIAL YEAR

On 5 February 2024, the ALA Group announced with great satisfaction the opening of the first foreign operating branch of the Spanish subsidiary Sintersa, located in northern Italy.

In April 2024, the subsidiary Sintersa finalised the preparation of the new operating office in Seville and completed the relocation of all production activities in June 2024. During the first quarter of 2024, as part of the continued growth of the entire ALA Group, with a particular focus on its foreign subsidiaries, ALA North America completed the bureaucratic process for the opening of its own office in Canada, initially to be set up as a Business Number.

In April 2024, the Parent Company ALA S.p.A. also published its sustainability report for the 2023 financial year, a tool that is becoming increasingly important year after year in the transparent and continuous communication that the Group is committed to having with its stakeholders.

In the first six months of 2024, the ALA Group reached a significant milestone in its commitment to sustainability: the ALA Trees Forest. An initiative to plant 1,000 trees in Africa and South America in cooperation with Treedom was launched as part of our ongoing efforts to reduce our ecological footprint and contribute positively to the environment.

On 5 June 2024, the ALA Group hosted an Investor Day at its office in Naples to meet national and international institutional investors. During the event, the investors in attendance had the opportunity to meet the Company Management Team, visiting both the Pozzuoli production site and the Naples headquarters, located inside the Mostra d’Oltremare. The success of the event, which attracted considerable interest among investors, confirmed the liking for initiatives of this kind, which will be repeated.

At the end of May 2024, the parent company ALA S.p.A. received the Industria Felix Award, distinguishing itself among the best companies in the business sector for its management and financial reliability.

In the first six months of 2024, the ALA Group logistics platforms carried on a series of initiatives to continuously improve their efficiency.

In the first half of 2024, as a sign of the great attention paid to security, the ALA Group’s corporate IT network was redesigned, reorganised and segmented to make it even more efficient and more secure.

During the first half of 2024, an RFID-based tracking system was implemented for the first time in the history of the ALA Group in the Pozzuoli, Italy, warehouse. This system, connected to the SAP ERP one, uses RFID tags applied to the labels of the envelopes of products in the warehouse to ensure complete traceability, from receipt and quality control, through the various internal movements to exit at delivery. This is to the benefit of cycle-counting activities and stock accuracy.

During the first six months of 2024, the ALA Group participated in a significant number of international trade fairs and events in order to continue to promote its product and service offerings on the market and further raise brand visibility. The following participations are particularly noteworthy: Singapore Airshow in February, the largest international Aerospace and Defence exhibition in Asia; Aerospace & Defence Supplier Summit in Seattle in March; MRO Americas in April; Aerospace & Defence Meetings in Seville in May; Aircraft Interiors Expo in Hamburg, also in May.

At the end of June 2024, the operating activities of the ALA logistics platform in Bordeaux, inaugurated in 2022 and dedicated to the multi-year service contract with the customer Dassault Aviation, continue at a fast pace.

During the first half of 2024, the ALA Group completed the development of its own Customer Portal. With this tool, customers can independently consult all information related to their purchase orders, such as stock levels, delivery dates, invoices, etc.

During July 2024, the ALA Group participated at the Farnborough Aerospace Show in the UK, the second most important exhibition for the Aerospace & Defence industry worldwide after Le Bourget in France. The event was attended by over 75,000 industry professionals representing 1,262 exhibitors from 44 different countries.

On 5 July 2024, the ALA Group appointed Banco BPM S.p.A to act as Specialist, replacing Intesa Sanpaolo S.p.A.

On 30 July 2024, Cerved Rating Agency, a rating agency specialised in assessing the creditworthiness of Italian non-financial companies, confirmed to the Parent Company ALA S.p.A. the significant upgrading of the public rating to A3.1 (“Security”) assigned the previous year.

In July 2024, the special audit concerning the integration into the Quality Management System according to EN9120:2018 of the new sales office in Fort Worth, Texas, USA, was successfully conducted, again without any non-conformities. The new EN9120:2018 certificate thus obtained by the ALA Group will be valid until 2027.

On 10 October 2024, the Company was among the winners of the seventh edition of the Best Managed Companies Award, the prize for entrepreneurial excellence in Made in Italy.

 ***

ECONOMIC AND FINANCIAL DATA OF THE PARENT COMPANY ALA S.P.A.

The Parent Company’s Value of Production calls for Euro 147.6 million (Euro 133.2 million in 2023). EBITDA stands at Euro 20.7 million (Euro 16.7 million in 2023), with the EBITDA Margin increasing from 12.5% in 2023 to 14.0% in 2024. Net Profit for the year came to Euro 13.06 million (Euro 10.1 million in 2023). The Net Financial Position (debt) amounted to Euro 35.8 million (debt of Euro 26.2 million as at 31 December 2023).

 ***

BUSINESS OUTLOOK

It is legitimate to expect that air traffic demand and Defence spending will continue to grow in the near future and beyond, and consequently orders for new aircraft and MRO services. Continuing trends in advanced technologies, increased sustainability, reduced emissions, higher performance systems and lower costs will continue to drive the Aerospace and Defence sector towards more innovation and new product introductions in the future. In the coming years, emerging markets such as Urban Air Mobility (UAM) could also contribute to the development of the sector, depending of course on the ability of the many start-ups to successfully pass all the relevant testing, qualification and certification phases.

In a market situation where difficulties in supply chain management, material procurement times and the ability to meet programme execution schedules are major points of focus for companies, the ALA Group continues to guarantee excellent service levels on all existing service provider contracts, managing to mitigate many of the delivery delays of those manufacturers still struggling with production capacity and raw material availability issues. This is due to its excellent planning and supplier management skills. This performance, together with customers’ production estimates, allows us to look forward to the near future with optimism, also considering the robust order intake over the past 12 months.

Building on the record results achieved in 2024, the ALA Group will aim to further strengthen its position among the world’s leading players in the sector. Particular attention and emphasis will be paid to the cross selling opportunities and commercial synergies with the subsidiaries SCP and Sintersa and the development of the North American, Asia Pacific and Middle East markets, where the ALA Group still occupies a marginal position compared to the existing potential.

From an operating point of view, the focus will remain on maintaining excellent customer service levels in both Service Provider and Stocking Distribution. In this regard, the ALA Group will continue to invest in key profiles in both Europe and North America to further improve its supply chain management capabilities.
2025 will clearly see the ALA Group still committed to the continued ramp-up of the logistics platform dedicated to the customer Dassault Aviation. In addition to maintaining the usual focus and careful management of fixed and variable costs, the ALA Group intends to continue on the path taken over the past five years, focusing on international growth, continuous improvement of profitability and the creation of
shareholder value.

 ***

ALLOCATION OF THE PERIOD RESULT

The Board of Directors of ALA S.p.A. proposed to the Shareholders’ Meeting to allocate the net profit for FY 2024, amounting to Euro 13,062,213 as follows:

• Euro 6,772,500 as distribution of a dividend of Euro 0.75 per share, gross of withholding taxes;
• the remaining Euro 6,289,713 to profits carried forward.

Regarding the distribution of dividends, in accordance with the provisions of 2025 Euronext Growth Milan calendar in this regard, the following functional dates for the distribution of the dividend to Shareholders are proposed – should the relevant resolution be approved by the Shareholders’ Meeting, i.e. (i) 19 May 2025 as the ex-dividend date, (ii) 20 May 2025 as the record date, and (iii) 21 May 2025 as the payment date.

 ***

SUSTAINABILITY REPORT AS AT 31 DECEMBER 2024

ALA’s Board of Directors also approved the Sustainability Report as at 31 December 2024, which was once again prepared in complete compliance with GRI standards, a reporting method that best illustrated ALA’s role as a sustainable company.

 ***

AUTHORISATION TO PURCHASE AND DISPOSAL OF OWN SHARES

With regard to the purchase and disposal of treasury shares, the Board of Directors proposes that the convened Shareholders’ Meeting revoke the authorisation to the Board of Directors to purchase and dispose of the Company’s ordinary shares approved by the Shareholders’ Meeting held on 29 April 2024 and authorise the Board itself, through the Directors delegated to do so, or through an authorised intermediary:

1. to purchase treasury shares up to a maximum number of treasury shares equal to 5% of the outstanding shares, it being understood that the nominal value of the ordinary shares held in the Company’s portfolio over time shall not exceed 20% of the Company’s share capital in total, for a period not exceeding 18 months from the date of any resolution passed at the Shareholders’ Meeting, subject to the following terms and conditions:

i. purchase may be made for the following reasons:
– preservation for subsequent use, including: consideration in extraordinary transactions, including exchange or sale of investments to be realised through an exchange, contribution or other act of disposition and/or use, with other parties, or allocation to the service of bonds convertible into shares of the Company or bonds with warrants;
– to intervene, directly or through intermediaries, to regularise trading and price trends and to support the liquidity of the security on the market, subject in all cases to compliance with the provisions in force;
– for use to service future remuneration and incentive plans based on financial instruments and reserved for the Company’s directors and employees, either through the free granting of purchase options or through the free allocation of shares (so-called stock option and stock grant plans) or to service variable remuneration policies based on financial instruments;
– to operate on treasury shares with a view to medium-long term investment, also for the purpose of establishing lasting shareholdings, or in any case to seize market opportunities also through the purchase and resale of shares, operating both on the market and (as regards the sale, disposal or use) in over-the counter markets or even outside the market or through accelerated bookbuilding or block procedures;
– for use to service any future programmes of free assignment of shares to shareholders; it being understood that, should the reasons for the purchase cease to exist, the treasury shares acquired in execution of this authorisation may be used for one of the other purposes indicated above or sold.

ii. the purchases of treasury shares, if authorised by the Shareholders’ Meeting, shall be made at a price no less than 20% lower in minimum and no more than 20% higher in maximum at the reference price that the share will have recorded in the stock exchange session on the day prior to each individual transaction or at the different price envisaged by the accepted market practices in force from time to time, in compliance in any case with the terms and conditions established by MAR, Delegated Regulation (EU) No. 1052 of 8 March 2016 and accepted practices, where applicable.

iii. purchases shall be made in accordance with the terms and conditions set forth in the MAR, the Delegated Regulations and the applicable regulations and accepted practices, and in particular the trading conditions set forth in Art. 3 of Delegated Regulation (EU) 2016/1052, implementing the MAR, and accordingly at a consideration not exceeding the higher of the price of the last independent transaction and the price of the current independent bid on the trading venue where the purchase is made;

iv. the purchase may be made in the manner identified from time to time by the Board of Directors in any manner permitted by applicable law;

2. to authorise the disposal, in whole or in part, either directly or through intermediaries, and without time limits, of ordinary treasury shares purchased pursuant to the resolutions passed, market trends and the company’s interest, and in any case in compliance with accepted market practices, over time in force, or applicable regulations. Dispositions may in any event be made in the manner permitted by applicable laws and regulations, at the discretion of the Board of Directors, and for the purposes that may be identified by it;

3. to make, pursuant to Article 2357-ter, paragraph 3, of the Italian Civil Code, any accounting entries necessary or appropriate, in connection with transactions on treasury shares, in compliance with applicable legal provisions and accounting standards;

4. to vest the Chairman, with the power to sub-delegate to third parties, with the broadest powers necessary to carry out the purchases, dispositions and sales of treasury shares, also by means of successive transactions and in any case to implement the above resolutions, also through proxies, complying with any and all requirements of the law and the competent authorities.

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CALL FOR THE ORDINARY SHAREHOLDERS’ MEETING

At today’s meeting, the Board of Directors of ALA S.p.A. resolved, inter alia, to convene the Shareholders’ Meeting of ALA S.p.A. in an ordinary session on 28 April 2025 at first and single call, to deliberate in regard to the following:
1. Approval of the financial statements as at 31 December 2024 and allocation of period result and acknowledgement of the group’s consolidated financial statements as at 31 December 2024.
1.1. Approval of the financial statements as at 31 December 2024 and acknowledgement of the group
consolidated financial statements as at 31 December 2024; inherent and consequent resolutions;
1.2. Allocation of the period result; inherent and consequent resolutions.

2. Appointment of the Board of Directors; related and consequent resolutions:
1.1 Determination of the term of office of the members of the Board of Directors;
1.2 Determination of the number of members of the Board of Directors;
1.3 Appointment of the members; related and consequent resolutions;
1.4 Determination of the compensation; related and consequent resolutions.

3. Authorization to purchase and dispose of own shares, subject to revocation of the previous authorization granted by the ordinary Shareholders’ Meeting on April 29, 2024; related and consequent resolutions. The notice of the meeting will be published in the Governance, Shareholders’ Meetings section of the Issuer’s website www.alacorporation.com, in the Official Gazette, as well as on the website
www.borsaitaliana.it in the Shares/Documents section in accordance with the law and the Articles of Association.

Pursuant to current regulations, the documents required in connection with the agenda will be filed at the Company’s registered office and simultaneously made available on the Company’s website (www.alacorporation.com, Governance section) and in the Shares/Documents section of the website www.borsaitaliana.it, by the legal deadlines.

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A.L.A. S.p.A. (Euronext Growth Milan: ALA) is a leading international supply chain partner in the Aerospace, Defense, Rail and High-Tech sectors. For over 35 years, ALA has been the go-to reference partner for the management and distribution of high-performance products, services and engineering solutions capable of simplifying and optimizing the supply chain management operations of its customers. With Headquarters in Naples, Italy, ALA – together with its subsidiary S.C.P. Sintersa – currently relies on a talented workforce of more than 650 people and on the strength of a growing network of sales offices and operations offices across Europe (Italy, Spain, Portugal, the United Kingdom, France and Germany), Israel and North America. ALA supplies customers in 40 countries and manages more than 1500 suppliers worldwide. www.alacorporation.com

RECORD ACHIEVEMENTS IN TERMS OF REVENUES AND MARGINS DRIVEN BY EFFECTIVE COMMERCIAL STRATEGIES AND OPERATIONAL EXECUTION

EBITDA MARGIN UP BY 140 BPS

• VALUE OF PRODUCTION: Euro 290.8 million (Euro 233.1 million in 2023) + 24.8%
• EBITDA: Euro 35.8 million (Euro 25.4 million in 2023) +40.9%.
• EBITDA Margin 12.3% (10.9% in 2023)
• NET FINANCIAL POSITION (net debt): Euro 48.0 million (Euro 46.7 million at 30 June 2024)

Naples, 12 February 2025 – The Board of Directors of ALA S.p.A. (EGM: ALA), leader in Italy and among the main players at global level in the offering of integrated logistics services and in the distribution of products and components for the aeronautics and aerospace industry, both in the civil and defence sectors (“Aerospace & Defence”), listed on the Euronext Growth Milan Market managed by Borsa Italiana, under the chairmanship of Fulvio Scannapieco, met on the evening of 11 February 2025 and examined the Preliminary Consolidated Figures at 31 December 2024, not yet audited.

Value of Production reached a record level of Euro 290.8 million (Euro 233.1 million in 2023), with a YoY increase of 24.8%, highlighting significant improvement in the performance of all main revenue streams.

EBITDA stands at Euro 35.8 million, with a significant growth of 40.9% (Euro 25.4 million in 2023), demonstrating the effectiveness of the Company’s current commercial strategies and operational execution.

The EBITDA Margin stands at 12.3% with an increase of 1.4 percentage points over the previous year, confirming the scalability of ALA business model.

The Net Financial Position (debt) closed at Euro 48.0 million, a slight increase compared to the figure reported on 30 June 2024. This figure reflects the major investment transactions aimed at supporting the Group’s future growth.

Roberto Tonna, Chief Executive Officer of the ALA Group, commented as follows: “We delivered yet another set of record results in 2024, with robust commercial and operating performance driving both organic growth and margins expansions. We are delighted to see progress and numerous achievements from all our businesses outside of Italy, particularly from France, Spain, the UK and Germany. We had set a strategic objective for the business five years ago, which was to transform ALA into a truly global value-creating enterprise. Today the Group owns some strong, diversified and market-leading positions across Europe and is well positioned to develop its footprint in high-potential regions such as North America, APAC and the Middle East. I am very proud of what we have collectively achieved as a team so far and I look forward to the next phase of growth as we continue to expand our portfolio of products and services. We remain absolutely focused on delivering best-in-class partnership to our outstanding customers and vendors base and to continue to create value for our shareholders”.

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This press release is available on the company website www.alacorporation.com in the “Investor Relations/Press Releases” section.
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A.L.A. S.p.A. (Euronext Growth Milan: ALA) is a leading international supply chain partner in the Aerospace, Defense, Rail and High-Tech sectors. For over 35 years, ALA has been the go-to reference partner for the management and distribution of high-performance products, services and engineering solutions capable of simplifying and optimizing the supply chain management operations of its customers. With Headquarters in Naples, Italy, ALA – together with its subsidiary S.C.P. Sintersa – currently relies on a talented workforce of more than 650 people and on the strength of a growing network of sales offices and operations offices across Europe (Italy, Spain, Portugal, the United Kingdom, France and Germany), Israel and North America. ALA supplies customers in 40 countries and manages more than 1500 suppliers worldwide. www.alacorporation.com

Naples, 22 January 2025 – ALA S.p.A. (EGM: ALA), leader in Italy and among the main players at global level in the offering of integrated logistics services and in the distribution of products and components for the aeronautics and aerospace industry, both in the civil and defence sectors (“Aerospace & Defence”), listed on the Euronext Growth Milan Market managed by Borsa Italiana,met today and approved the following financial calendar for the fiscal year 2025:

February 12th 2025
Communication of Preliminary Consolidated results for the year 2024

March 27th 2025
Board of Directors
Approval of the Draft Annual and Consolidated Financial Statements for the year 2024

April 28th 2025
Ordinary Shareholders’ Meeting
Approval of the Financial Statements as of December 31, 2024
Acknowledgment of the Consolidated Financial Statements as of December 31, 2024

September 18th 2025
Board of Directors
Approval of the Consolidated Half-Year Financial Report as of June 30, 2025

Any changes will be promptly communicated to the market. This press release is available to the
public at the company’s headquarters, as well as on the Company’s website (www.alacorporation.com Investor Relations section).

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A.L.A. S.p.A. (Euronext Growth Milan: ALA) is a leading international supply chain partner in the Aerospace, Defence, Railway and High-Tech sectors. For more than 35 years, ALA has served as a one-stop partner for the management and distribution of high-performance products, services and engineering solutions designed to streamline and improve its customers’ supply chain management operations. Headquartered in Naples, Italy, ALA – together with its subsidiary S.C.P. Sintersa – currently relies on a talented workforce of more than 650 people and on the strength of a growing network of sales offices and operations offices across Europe (Italy, Spain, Portugal, the United Kingdom, France and Germany), Israel and North America. ALA serves customers in 40 countries and manages more than 1,500 suppliers worldwide. www.alacorporation.com

• 𝗔𝗲𝗿𝗼 𝗜𝗻𝗱𝗶𝗮 (Bengaluru, February 10 – 14)
• 𝗩𝗘𝗥𝗧𝗜𝗖𝗢𝗡 (Dallas, March 11 – 13)
• 𝗔𝗲𝗿𝗼𝘀𝗽𝗮𝗰𝗲 𝗠𝗲𝗲𝘁𝗶𝗻𝗴𝘀 𝗠𝗼𝗻𝘁𝗿𝗲́𝗮𝗹 (Montréal, March 25 – 27)
• 𝗠𝗥𝗢 𝗔𝗺𝗲𝗿𝗶𝗰𝗮𝘀 (Atlanta, April 8 – 10)
• 𝗔𝗜𝗫 𝗛𝗮𝗺𝗯𝘂𝗿𝗴 (Hamburg, April 8 – 10)
• 𝗙𝗘𝗜𝗡𝗗𝗘𝗙 (Madrid, May 12 – 14)
• 𝗣𝗮𝗿𝗶𝘀 𝗔𝗶𝗿 𝗦𝗵𝗼𝘄 (Paris, June 16 – 22)
• 𝗔𝗲𝗿𝗼𝗺𝗮𝗿𝘁 𝗡𝗮𝗴𝗼𝘆𝗮 (Nagoya, September 24 – 26)
• 𝗦𝗲𝗼𝘂𝗹 𝗔𝗗𝗘𝗫 (Seoul, October 29 – 31)
• 𝗗𝘂𝗯𝗮𝗶 𝗔𝗶𝗿 𝗦𝗵𝗼𝘄 (Dubai, November 17 – 21)
• 𝗔&𝗗𝗠 𝗧𝗼𝗿𝗶𝗻𝗼 (Turin, December 2 – 4)

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