Elica announced that it had closed the first quarter of 2022 with revenues of 144 million euros, up by 5.1% compared to the same period of the previous year (organic + 5.7%), “in significant growth thanks to the positive price-mix effect despite the presence of a market context impacted by the uncertainty linked to the Russian-Ukrainian conflict and the disruption of the supply chain “. The normalized net result was equal to 5.9 million against the 5.6 million in the same period of 2021, while the normalized net result attributable to the group reached 5.4 million compared to 3.9 million in the first quarter of 2021. .
“Also in the first quarter of 2022 we achieved a record result, confirming the solidity of the path we have taken, with a new organization that is ever faster and more determined: today more than ever this is a team result. Despite a scenario increasingly critical in terms of supply chain and production costs, we were able to maintain the level of profitability in line with the already extraordinary level of last year and to record an important improvement compared to the last quarter of 2021 “, he declared Giulio Cocci, CEO of Elica. “At the moment, despite a complex geopolitical scenario and an increase in inflationary pressure, we confirm our growth objective both in terms of turnover and operating margin – added the CEO. -. We will take the opportunity of Elica’s participation in the furniture fair to present absolute innovations to expand the cooking range, a segment in which we want to strengthen our presence also through M&A operations “.