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Date
11/02/2021
Revenues of €748 million (+2% YoY), at an accelerating pace in the fourth quarter of 2020, despite the second nationwide lockdown. About 50% related to the installed base, fee-based services and development activities, not impacted by the contraction in volumes
EBITDA of €285 million (+3% YoY) and with a 38% EBITDA margin. Result obtained entirely on an organic basis and without contributions from M&A activities
Net debt at €688 million (2.4x EBITDA), significantly lower than in 2019 (2.9x EBITDA)
In the fourth quarter of 2020, revenues reached €222 million (+7% q/q) with EBITDA at €89 million (+13% q/q)
Confirmation of the resilience of the business model and the ability to start up and complete new partnerships with banks and large corporates
SIA's Board of Directors, meeting under the chairmanship of Federico Lovadina, approved the preliminary consolidated financial results at 31 December 2020, confirming the positive trend of 2019 and growing in the fourth quarter of 2020, despite the economic contraction caused by the Covid-19 pandemic.