- Net Profit amounted to €55m in 1H21 vs €-75m in 1H20 and €34m in 1H19 (+63%)
- 1H21 revenues went up +11.6% in local currency vs 1H20 (+9% in reported terms) and +10% in local currency vs 1H19 (+5% in reported terms), accelerating its growth until +18% in local currency in 2Q21 vs 2Q20
- Reported EBIT stood at €100m in 1H21 vs -€78m in 1H20 and €79m in 1H19 (+27%)
- 1H21 revenues in Minsait increased by +9% in constant currency vs 1H20 and +11% vs 1H19, pushing EBIT margins above 5% in the period (vs -6.2% in 1H20 and 2.8% in 1H19)
- 1H21 T&D revenues went up +16% in local currency vs 1H20 and +8% vs 1H19; Defence & Security outperformed with +22% in local currency. 2Q21 T&D EBIT margin improved vs 2Q20 and vs 2Q19.
- Cash generation in 1H21 was €-25m (excluding €-25m of the workforce transformation plan) vs €-88m in 1H20
- Net debt reached €546m vs €670m in June 2020. Net Debt / EBITDA LTM ratio stood at 2.1x in June 2021 vs 2.7x in June 2020
- Backlog reached another new historic absolute high (€5,366m), implying 1.7x backlog/revenues LTM
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