Corrected: BRIEF-Innovatec Issues 2022-024 Development Plan, Sees EBITDA At EUR 55 Mln In 2024 (Feb 3)

Innovatec SpA

04/02/2022 13:50

(Corrects last bullet to say "position", not "debt")
    Feb 4 (Reuters) - Innovatec SpA  INCI.MI :
    * ISSUES DEVELOPMENT PLAN 2022-2024
    * SEES EBITDA IN 2024 AT EUR 55 MILLION
    * SEES EBIT AT EUR 38 MILLION IN 2024
    * PLAN INCLUDES ABOUT EUR 60 MILLION IN INVESTMENTS FOR
ECOLOGICAL
TRANSITION TOWARDS 2050 TARGETS
    * SEES REVENUES IN 2024 AT EUR 405 MILLION
    * PLAN SEES CUMULATED FREE CASH FLOW TO EQUITY OF EUR 15
MILLION
    * SEES 2021 NEGATIVE NET FINANCIAL DEBT FOR ABOUT EUR 4
MILLION
    * SEES NET FINANCIAL POSITION OF EUR 31 MILLION IN 2024

Further company coverage:  INCI.MI 

 (Reporting by Gdansk Newsroom)
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