from Fonderie Mario Mazzucconi S.p.A. (isin : IT0005320756)
Fonderie Mario Mazzucconi S.p.A.: APPROVAL OF THE FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED ON 31 DECEMBER 2022
EQS-News: Fonderie Mario Mazzucconi S.p.A. / Key word(s): Annual Results
Fonderie Mario Mazzucconi S.p.A.: APPROVAL OF THE FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED ON 31 DECEMBER 2022
26.07.2023 / 15:28 CET/CEST
The issuer is solely responsible for the content of this announcement.
Ponte San Pietro (BG), 25 July 2023 – Fonderie Mario Mazzucconi S.p.A. (“FMM” or the “Company”) informs that the shareholders’ meeting, on 24 July 2023, approved the financial statements of the Company for the fiscal year ended on 31 December 2022.
Moreover, the 2022 consolidated financial statements of Maberfin S.p.A. – the holding company of the relevant group controlling 100% of the share capital of FMM – have been presented to the relevant shareholders’ meeting held on 24 July 2023.
The key financial, economic and net-worth indicators, as of 31 December 2022, resulting from the consolidated financial statement are the following:
| (Millions of EUR) | Variation | ||||
| Consolidated financial statement | 2022 | 2021 | (Millions of EUR) | % | |
| Gross value of production | 253,82 | 234,28 | 19,54 | 8,3% | |
| Net value of production[1] | 230,13 | 230,78 | (0,65) | -0,3% | |
| Costs of production[2] | (239,37) | (218,67) | (20,71) | 9,5% | |
| EBITDA Adjusted | 14,45 | 15,61 | (1,16) | // | |
| % EBITDA Adj on Net value of production | 6,2% | 6,7% | // | 0,5% | |
| EBITDA | 13,28 | 14,05 | (0,77) | // | |
| % EBITDA on Net value of production | 5,7% | 6,0% | // | -0,3% | |
| EBIT | (3,06) | (2,72) | (0,34) | // | |
| Financial expenses | (4,18) | (4,65) | 0,47 | // | |
| Income taxes and deferred tax assets | 0,60 | 0,53 | // | // | |
| Final result | (6,64) | (6,84) | 0,20 | // | |
| Net worth | 39,98 | 44,97 | (4,99) | // | |
| Net financial position | 80,11 | 85,88 | (5,76) | // | |
With reference to the financial covenant, please note that, during the meeting held on November 12th, 2020 at the office of the Notary Public Dr. Federico Cornaggia in Milan, the bondholders unanimously approved the elimination of the Relevant Event relating to non-compliance with the Financial Covenant on the Calculation Dates of December 31, 2020, December 31, 2021 and December 31, 2022.
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Corporate details:
Edoardo Locatelli – Chief Financial Officer
Tel. +39 035 4551269
Email edoardo.locatelli@mazzucconi.com
Internet website www.mazzucconi.com
[1]Net of contributions and energy tax credits.
[2] The item "Costs of production" includes the costs for the purchase of goods and services, personnel costs and contingent.
26.07.2023 CET/CEST This Corporate News was distributed by EQS Group AG. www.eqs.com
| Language: | English |
| Company: | Fonderie Mario Mazzucconi S.p.A. |
| Via Mazzini n.10 | |
| 24036 Ponte San Pietro (BG) | |
| Italy | |
| Phone: | +390354551211 |
| E-mail: | finanza.gruppo@mazzucconi.com |
| Internet: | http://www.mazzucconi.com/ |
| ISIN: | IT0005320756 |
| WKN: | A19WNQ |
| Listed: | Vienna Stock Exchange (Vienna MTF) |
| EQS News ID: | 1689113 |
| End of News | EQS News Service |
1689113 26.07.2023 CET/CEST