Earnings release
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ELEN ™ -THE FUTURE IN A BEAM 3.1 1.2 REGEM Press release • • • • • The Bod of El.En. SpA released the consolidated six months financial report Outstanding record setting financial results Strong growth in revenue ( + 68,5 % ) and in EBIT ( + 232,2 % ) Improved 2021 guidance Consolidated revenues : 273,9 million of euro vs. 162,5 million of euro of 1H 2020 ( + 68,5 % ) EBITDA : 39,1 million of euro vs. 14,5 million of euro of 1H 2020 ( + 170,2 % ) EBIT : 30,8 million of euro vs. 9,3 million of euro of the same period of ( up 232,2 % ) Net income for the group positive for 22,4 million of euro vs. 6,4 million of euro in 1H 2020 ( up 250,7 % ) Net Financial position : positive for 78,9 million of euro vs. 64,2 million of euro as of December 31st , 2020 Firenze , September 10th 2021. The Board of Directors of El.En. S.p.A. , leader in the laser market , listed on the STAR segment of the Italian Stock Exchange , approved today the half - year report as of 30 June 2021. The period under review showed extraordinarily positive results which constitute a historical record . This phase of exit from the most critical period of the pandemic saw the materialization of the planned growth thanks to the favorable general conditions of demand on all the relevant markets in which the Group operates . Thanks to the fundamental strategic planning and implementation of the recent years , the Group was able to record results that even exceeded those forecast in the planning phase prior to the pandemic , with a progressive acceleration that suggested a new revision of the guidance for the current year . The first half of 2021 closed with a consolidated turnover of 273,9 million of euro vs. 162,5 million of euro in 1H 2020 with a 68,5 % increase ; EBITDA was equal to 39,1 million of euro with a 170,2 % increased and 14,3 % margin on sales , compared to 14,5 million of euro in the same period of 2020 which showed an 8,9 % margin on sales . EBIT was 30,9 million of euro , marking a significant change of + 232,2 % compared to 9,3 million of euro in the same period of 2020 . Net income for the group was equal to 22,5 million of euro up 250,7 % on the 6,4 million of 1H 2020 . With reference to the first half of 2019 , conducted in conditions not altered by the pandemic , the average growth ( CAGR ) over the two - year period 2019-2021 was 20,56 % for consolidated turnover , or 14,4 % for the medical sector and 29,1 % for the industrial sector . Gabriele Clementi , President of El.En. S.p.A. said : " Despite the profound uncertainties related to the evolution of the pandemic and the exit phase , much longer than initially hoped , our markets in this phase are favorable , benefiting not only from the physiological post - crisis rebound , but also from a climate of confidence . and 1