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OVS First quarter 2021 : strong growth in sales . Market share continues to rise , now to 8.7 % . Excellent recovery of EBITDA . Our company's market share recorded further growth in the first quarter ( February - April ) , now reaching 8.7 % , without any increase in store surface area . ✓ Net sales of € 229.6 million were up sharply over the same period of the previous year ( + 123.6 % ) . The decline recorded compared to the same period of 2019 ( when sales amounted to € 317.5m ) was much lower than the reduction in opening hours ( sales at minus 27.7 % compared to a decrease in average opening hours of 36 % ) . Sales generated through the ovs.it website were up 45 % . ✓ The EBITDA of € 5.7 million recorded a significant recovery compared with 2020 , due to a growth in gross margin and a continuous focus on costs . 30 April 2021 last twelve months EBITDA amounted to € 112.6m , + 54 % compared with the one reported in January 2021 ( which amounted to € 72.9 million ) . ✓ The net financial position was € 474.9 million , with payment extensions fully recovered . Cash flow in the first quarter of 2021 was substantially the same as in 2019 ( - € 73.9m in 1Q21 vs. - € 69.6m in 1Q19 ) . ✓ The month of May benefited from a progressive strong increase in sales , with double - digit growth compared to 2019 . CONSOLIDATED RESULTS € mln 30.04.2021 ( A ) 30.04.2020 Chg . Chg . % ( A ) Net Sales 229.6 102.7 126.9 123.6 % EBITDA 5.7 ( 34.0 ) 39.7 116.7 % EBITDA % 2.5 % -33.2 % EBIT ( 8.2 ) ( 47.7 ) 39.4 82.7 % EBIT % -3.6 % -46.4 % PBT ( 13.5 ) ( 52.4 ) 38.9 74.2 % Net Financial Position 474.9 428.8 ( 46.1 ) Market Share 8.7 % 8.1 % + 63ppt ( A ) Only the adjusted results ( so - called managerial results ) have been reported , as they are considered representative of the actual performance of the business : for 2020 , they do not reflect ( i ) the adoption of IFRS16 and ( ii ) mark - to - market accounting at the level of the net financial position ( - € 5.5 million ) . 1Q21 Financial Results 1