Earnings release
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S S SABAF SABAF GROUP PRESS RELEASE Ospitaletto ( BS ) , 11 November 2021 SABAF : THIRD - QUARTER 2021 RESULTS APPROVED CONSOLIDATED RESULTS FOR 03 2021 REVENUE : € 63.1 million ( € 47.3 million in the third quarter of 2020 ) , + 33 % EBITDA : € 12 million ( € 9.6 million in the third quarter of 2020 ) , + 25 % EBITDA / REVENUE : 19 % ( 20.3 % in the third quarter of 2020 ) EBIT : € 7.6 million ( € 5.4 million in the third quarter of 2020 ) , + 41 % NET PROFIT : € 6.5 million ( € 1.8 million in the third quarter of 2020 ) , + 258 % CONSOLIDATED RESULTS IN January - September 2021 REVENUE : € 200.8 million ( € 125.4 million in the same period of 2020 ) , + 60 % EBITDA : € 44.2 million ( € 22.9 million in the same period of 2020 ) , + 93 % EBITDA / REVENUE : 22 % ( 18.2 % in the same period of 2020 ) EBIT : € 31.6 million ( € 10.2 million in the same period of 2020 ) , + 209 % NET PROFIT : € 23.3 million ( € 4.2 million in the same period of 2020 ) , + 448 % " Sabaf is coming to the end of an extraordinary year , not without turbulence , in which we will achieve our best results ever , " Pietro lotti , CEO , commented . " We are confident that 2022 will also be another very positive year for the Group , thanks to the effective implementation of our business plan and a market demand that remains strong and durable . At the same time , we continue our search for further growth opportunities by external lines " .