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ITALMOBILIARE INVESTMENT HOLDING PRESS RELEASE BOARD OF DIRECTORS REVIEWED QUARTERLY FINANCIAL RESULTS AT SEPTEMBER 30 , 2021 During the first nine months of the year , the portfolio companies as a whole recorded a significant increase in EBITDA compared with the same period of 2020 ( aggregate pro - forma figure + 30.2 % ) and 2019. Looking just at the third quarter , the gross operating profit amounted to 72.2 million euro , substantially stable compared with 2020 . The portfolio of equity investments , built up in recent years to enhance the excellences of Made in Italy , confirms the positive trend , with all companies recording higher revenues compared with 2020 and 2019 . At September 30 , 2021 the Net Asset Value was equal to 2,022.1 million euro , in line with June 30 , 2021 ( 2,000.2 million euro ) and 183.9 million euro higher than at December 31 , 2020 ( 1,838.2 million euro ) . The net financial position of Italmobiliare S.p.A. was positive for 354.4 million euro , 32.8 million euro lower than at December 31 , 2020. The main flows include the investment as co - investor of the Clessidra Capital Partners 3 fund ( " CCP3 " ) in the acquisition of Casa Vinicola Botter Carlo & C. S.p.A. Milan , November 9 , 2021 - The Board of Directors of Italmobiliare S.p.A. today approved the quarterly financial results for the nine months ending on September 30 , 2021 . During the first nine months of the year , also in light of a positive overall trend in the third quarter , the investment portfolio , which has been built up in recent years to enhance the excellences of Made in Italy , confirms the positive trend already reported in the first half of the year . Helped also by the management and governance know - how contributed by Italmobiliare to the various portfolio companies , the first nine months of the year recorded an overall improvement in profitability and revenue higher than in the same period of 2020 and in the pre - Covid period . In particular , Caffè Borbone's performance was again very positive , with revenue in the third quarter up by 20 % compared with 2020 and a further improvement in margins ( + 28 % ) . Italgen also did very well in the energy sector ( EBITDA + 64 % vs 2020 ) , with output above average and energy prices constantly on the rise . Then there is Iseo with EBITDA for the first nine months already higher than for the whole of 2020 and 2019 ; Tecnica Group confirms its post - Covid recovery with higher numbers than in the same period of 2019 ( EBITDA + 34 % compared with 2020 ) ; Autogas Nord has higher revenue ( + 20 % ) and EBITDA ( + 5.8 % ) , while Officina Profumo - Farmaceutica di Santa Maria Novella continues to recover , with revenue up by 21.8 % compared with the previous year and EBITDA of 6.9 million euro ( + 32.7 % on 2020 ) . Sirap ( now just France and the UK ) is substantially in line with the previous year in terms of revenue and EBITDA , net of the impact of contingent factors linked to the change in the scope of consolidation . As regards the companies that entered the portfolio at the end of 2020 , Casa della Salute confirms its growth trajectory ( revenue + 59 % , EBITDA more than 2.5 times 2020 ) . Callmewine also did well ( revenue + 47 % ) , though its EBITDA was affected by the investments made in personnel and marketing . Overall - again on the basis of aggregate management figures for the 9 months - the portfolio companies showed a 30.2 % increase in EBITDA to over 198 million euro .