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Jit ● SIT spa PRESS RELEASE - 9M 2021 SIT revenues up , with adjusted net profit rising to Euro 15.8 million ( + 33.7 % ) and EBITDA to Euro 42 million ( + 29.5 % ) SIT reports for 9M 2021 : Consolidated revenues of Euro 286.2 million ( + 26.1 % on the same period of 2020 , + 19.4 % at like - for - like consolidation scope ) ; Heating Division Sales of Euro 220.9 million ( + 26.7 % on 9M 2020 ) ; Metering Division Sales of Euro 62.0 million ( + 22.6 % on 9M 2020 ) , including Smart Gas Metering sales of Euro 46.7 million and Water Metering sales of Euro 15.3 million ; Consolidated EBITDA of Euro 42.0 million ( + 29.5 % on 9M 2020 ) ; 2021 guidance confirmed Adjusted consolidated net profit of Euro 15.8 million ( 5.5 % margin ) , compared to Euro 11.8 million in 9M 2020 ( 5.2 % margin ) ; Operating cash flow of Euro +7.0 million , after investments of Euro 19.6 million ; Net financial position at September 30 , 2021 of Euro 123.7 million ( Euro 116.1 million at end of 2020 ) . 2020 . Q3 2021 reports : ● Consolidated revenues of Euro 96.0 million ( + 2.5 % on Q3 2020 , -3.2 % at like - for like consolidation scope ) ; ● Heating Division Sales of Euro 76.2 million ( + 9.4 % on Q3 2020 ) ; ● Metering Division Sales of Euro 18.8 million ( -19.5 % on Q3 2020 ) , including Smart Gas Metering sales of Euro 13.5 million and Water Metering sales of Euro 5.3 million ; ● Consolidated EBITDA of Euro 13.1 million , compared to Euro 17.2 million in Q3 *** Padua , November 10 , 2021 The Board of Directors of SIT S.p.A. , listed on Euronext Milan , in a meeting today presided over by Federico de ' Stefani , the Chairman and Chief Executive Officer , has approved the consolidated 9 months 2021 results . " In the first nine months of 2021 we confirmed growth in foreign markets driven by the Heating and Water Metering business ” stated de ' Stefani . " The uncertainty and volatility issues regarding supply chain were addressed by an international team who managed to mitigate 1