1Q2023 Results
Investors Presentation
Antonio Porro - CEO Alessandro Franzosi - CFO
Segrate - May 10th, 2023
AGENDA
- 1Q 2023 Highlights
- 1Q 2023 Results
- FY 2023 Outlook
- Annexes
Highlights 1Q23 - Executive Summary
Improvement of
economic performance
Group financial
structure continues to
strengthen
Launch of the new development phase focused on the core business
- Revenue growth by around +4.5% vs 1Q22, +3.6% LFL
- Adj. EBITDA grows across all business areas: +5.5 mn vs 1Q22
Solid cash generation of the business:
Ordinary Cash Flow LTM € 63 mn (+5.5% vs Dec.22)
NFP stable at € -220.8mn (vs. € -217.4 mn at March 2022) confirming the Group capacity to self-finance the M&A policy and remunerate shareholders
- Strengthening of publishing leadership and vertical integration in Trade Books publishing activities
- Disposal of Il Giornale
3
Trade Book Market - update 1Q 2023
Value data - Sell out
(€ mn)
A great start to the year: 3 books in the Top 5
Market
Mar. Feb. Jan.
2023 2022 2023 2022 2023 2022
+0.8%
+3.0% volume effect
1 2 4
YTD
2023 2022
|
Market share |
2023 |
2022 |
|
|
+12.3% |
Mondadori Group |
27.4% |
25.2% |
+6.7%
volume
effect
|
Source: GfK, YTD March 2023 (Week 13) |
4 |
AGENDA
- 1Q 2023 Highlights
- 1Q 2023 Results
- FY 2023 Outlook
- Attaches
Attachments
Disclaimer
Arnoldo Mondadori Editore S.p.A. published this content on 10 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2023 11:23:19 UTC.
