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I⭑FILD FILD Il futuro ha i nostri colori . Da 100 anni . PRESS RELEASE BOD OF F.I.L.A. S.P.A. APPROVES 9M 2021 RESULTS REVENUE OF EURO 496.5 MILLION ( + 8.9 % AT LIKE - FOR - LIKE EXCHANGE RATES ON 9M 2020 ) STRONG SCHOOL & OFFICE GROWTH ( + 12.2 % ) , WHILE FINE ART , HOBBY & DIGITAL SEGMENT CONTINUES TO GROW ( + 2.3 % ) ADJUSTED EBITDA OF EURO 91.0 MILLION ( + 19.1 % AT LIKE - FOR - LIKE EXCHANGE RATES ON 9M 2020 ) SCHOOL & OFFICE GROWTH IN HIGHER - PROFITABILITY GEOGRAPHICAL AREAS SUCH AS EUROPE AND NORTH AMERICA , FINE ART , HOBBY & DIGITAL GROWTH , AN IMPROVED SALES PRICE - MIX EFFECT AND GOOD OPERATING COST MANAGEMENT FURTHER DRIVE THE MARGIN , WHICH ROSE TO 18.3 % ADJUSTED GROUP PROFIT OF EURO 39.7 MILLION , CONSIDERABLY UP ON EURO 21.5 MILLION ( + 84.8 % ) FOR 9M 2020 NET BANK DEBT OVER LAST 12 MONTHS IMPROVES EURO 80.9 MILLION , INCLUDING NEGATIVE CURRENCY EFFECT OF EURO 2.7 MILLION SHAREHOLDER AND STAKEHOLDER COMMUNICATION POLICY OF F.I.L.A. S.P.A. APPROVED • Adjusted revenue in 9M 2021 of Euro 496.5 million , + 5.3 % on the same period of the previous year ( Euro 471.3 million in 9M 2020 ) , + 8.9 % at like - for - like exchange rates . School & Office growth picks up further ( + 12.2 % on 9M 2020 ) , thanks to the strong performance in Europe and North America and the recovery also in other geographical areas . The Fine Art segment continues its upward trajectory ( + 2.3 % on 9M 2020 ) , although reporting an expected slowdown in all geographical areas and to a greater extent in North America , mainly due to the focus on a better product price - mix ; F.I.L.A. Fabbrica Italiana Lapis ed Affini GIOTTO tratto SHAB PONGO DAS LYRA Malmeri Germany LUKAS ST CUTHBERTS MILL Strathmore CANSON® DALER ROWNEY PRINCETON ARCHES ARTIST BRUSH GIOTTO FILA 3