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SANLORENZO SANLORENZO S.P.A .: THE BOARD OF DIRECTORS APPROVED THE PERIODIC FINANCIAL INFORMATION AS OF 30 SEPTEMBER 2021 EXCELLENT RESULTS WITH NET REVENUES FROM THE SALE OF NEW YACHTS AT € 428.4 MILLION ( + 32.8 % ) AND NEW RECORD PROFITABILITY WITH EBITDA AT € 68.6 MILLION ( + 41.5 % ) RECORD BACKLOG AT € 1.2 BILLION , HIGH VISIBILITY ON FUTURE GROWTH CONFIRMED 2021 GUIDANCE . • • Net revenues from the sale of new yachts ( " Net Revenues New Yachts " ) at € 428.4 million , up by 32.8 % on the first nine months of 2020 , led by the outstanding performance in the Americas and Europe Adjusted EBITDA at € 68.6 million , up by 41.5 % on the first nine months of 2020 , margin of 16.0 % on Net Revenues New Yachts , up by 100 basis points EBIT at € 52.1 million , up by 57.4 % on the first nine months of 2020 , margin of 12.2 % on Net Revenues New Yachts Group net profit at € 36.8 million , up by 64.9 % on the first nine months of 2020 , margin of 8.6 % on Net Revenues New Yachts , up by 170 basis points Investments at € 36.7 million , of which € 24.7 million in the third quarter , more than doubled compared to the first nine months of 2020 , as a result of the acquisition of new industrial facilities • Net cash position of € 35.2 million , a strong improvement on a net debt position of € 5.1 million as of 30 September 2020 and a net cash position of € 3.8 million as of 31 December 2020 • Order intake in the third quarter of € 381.1 million , leading the backlog to reach € 1.2 billion , with a significant increase of the amount related to next years • Guidance , envisaging a double - digit growth of the main metrics in 2021 , confirmed Ameglia ( La Spezia ) , 4 November 2021 The Board of Directors of Sanlorenzo S.p.A. ( " Sanlorenzo " or the " Company " ) , which met today under the chairmanship of Mr. Massimo Perotti , examined and approved the periodic financial information as of 30 September 2021 . Massimo Perotti , Chairman and Chief Executive Officer of the Company , commented : << The results we approve today testify to the soundness of Sanlorenzo's business model and the ability to navigate with constancy , commitment and resolution towards our medium - long term goals . Our compass is a growth that , if I firstly defined gentle , now I consider " meaningful " . Such an excellent sales performance is also achieved by keeping on launching new models at a constant pace , as we did this year : most recently at the Fort Lauderdale boat show , after the world 1