THE BOARD OF DIRECTORS OF ALA S.P.A. APPROVED THE CONSOLIDATED HALF-YEAR REPORT AT 30 JUNE 2024
RECORD PERFORMANCE THANKS TO THE CONTINUED SUCCESS OF ITS BUSINESS STRATEGIES AND TO THE EFFECTIVENESS OF COST STRUCTURE OPTIMISATION PROCESS
DOUBLE DIGIT GROWTH FOR ALL ECONOMIC INDICATORS, MARGINS UP 140 BPS
THE GROUP CONTINUES TO OCCUPY A VERY SOLID AND HIGH POTENTIAL COMPETITIVE POSITION IN EVER-GROWING SECTORS SUCH AS AEROSPACE, DEFENCE AND RAILWAY
- PRODUCTION VALUE: Euro 138.5 million (Euro 113.6 million at 30 June 2023) + 21,9%
- EBITDA: Euro 16.9 million (Euro 12.3 million at 30 June 2023) +37.2% EBITDA Margin is 12.2% (10.8% at 30 June 2023)
- EBIT: Euro 14.3 million (Euro 10.0 million at 30 June 2023) + 42.6%
- UTILE NETTO: € 7,1 milioni (€ 5,8 milioni al 30 giugno 2023) + 22,4%
- NET FINANCIAL POSITION (net debt): Euro 46.7 million (Euro 29.2 million at 31 December 2023)
Naples, 23 September 2024 – 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 under the chairmanship of Fulvio Scannapieco, and approved the consolidated half-year report at 30 June 2024.
Roberto Tonna, Chief Executive Officer of the ALA Group, commented as follows: The ALA Group achieved new record results in the first six months of 2024, sustaining a run-rate in terms of production value and EBITDA that was clearly up on the previous year and, as far as the company is aware, according to publicly available data, once again well above the reference market average. In addition, during the first half of the year, the subsidiary Sintersa SA consolidated its geographical positioning, starting work on the opening of a new operating branch in Northern Italy, and inaugurating the new Seville office in Spain.
The new Spanish plant, three times larger than the previous one, significantly increases our production capacity and will enable us to respond more effectively to the growing demand for products and services for the Aerospace and Defence industry. These results are a further confirmation of the potential and great ability of the ALA Group to continue to strengthen its competitive position among the world leading players in the sector and at the same time, create value for its shareholders.