Earnings release
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ELEN ™ -THE FUTURE IN A BEAM 3.1 REGEM Press release The El.En. Spa BoD released the Quarterly financial report as of September 30 , 2021 Excellent financial results Revenues : 405.3 million of euro EBITDA : 55.7 million of euro , 13.7 % margin on revenues EBIT : 44.6 million of euro , 11.0 % margin on revenues Pre - tax Income : 45.6 million of euro The 2021 Guidance is confirmed Main financial figures as of September 30 , 2021 • • • • Consolidated revenues : 405.3 million of euro vs. 268.2 million of euro in 2020 ( up 51,1 % ) EBITDA : 55.7 million of euro ( + 116 % ) vs. 25.8 million in 2020 EBIT : 44.6 million of euro ( + 145.8 % ) vs. 18.1 million di euro in 2020 Pre - tax Income : 45.6 million of euro ( + 170 % ) vs. 16.9 million of euro in 2020 Net Financial position : positive for 74.7 million of euro vs. 64.2 million as of December 31 , 2020 Main financial figures for the third Quarter : • • • Consolidated revenues : 131.4 million of euro vs. 105.6 million of euro in Q3 , 2020 , ( + 24.4 % ) EBITDA : 16.5 million of euro ( 12.6 % on sales ) vs. 11.3 million of euro in Q3 2020 , ( + 46.4 % ) EBIT : 13.7 million ( 10.4 % on sales ) vs. 8.8 million of euro in Q3 2020 , ( + 55.1 % ) Pre - tax Income : 13.7 million of euro ( 10.4 % on sales ) 7.9 million of euro in Q3 2020 , ( + 73.1 % ) ' Florence , November 12th 2021 The Board of Directors of El.En. SpA , leader in the laser market , listed on the Euronext STAR Milan ( " STAR " ) market of the Italian Stock Exchange , released today the financial report as of September 30 , 2021 which recorded consolidated revenues of 405 million euros up approximately 51.1 % compared to the 268.2 million euros of the same period of 2020 , and an EBIT of 44.6 million euros , up by approximately 146 % compared to the 18.1 million euros of the same period of 2020 . In the third quarter of 2021 the group recorded brilliant results despite the less favorable seasonality . Quarterly revenues were was 131.4 million euros , up by 24.4 % compared to 105.6 million euros in the corresponding quarter of 2020 , while EBIT for the quarter was 13.7 million euros with a 10.4 % EBIT margin compared to the 8.8 million euros of the same period of 2020 with a positive change of 55.1 % . Gabriele Clementi , President of EL.EN. Spa , said : " The results of the first nine months testify the value of our business model and the ability of the Group to pursue with constancy and determination important medium - long term objectives . We are showing extraordinary results , higher than the pre - pandemic 2019 forecasts , but at the same time hoped for by the group's ambition to grow rapidly , playing an increasingly important role in the application segments in which 1