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PRESS RELEASE
EDILIZIACROBATICA CONTINUES TO GROW AND OPENS ITS SECOND OFFICE IN FRANCE
Genoa, 13 September 2019- The value of production of the direct offices between January and August 2019 was 29,5 million Euro compared to 18,9 million Euro in the same period last year, with a 56% increase. • The value of production including the franchised offices between January and August 2019 was 39 million Euro compared to 27,2 million Euro in the same period last year, with a 43% increase. • In August 2019 the value of production of the direct offices was 1,6 million Euro compared to 1,6 million Euro in August last year, with a substantian breakeven. • In August 2019 the value of production including the franchised offices was 2,1 million Euro compared to 2,1 million Euro in August last year, again with a substantial breakeven. • On August 31 2019, the company has expanded to a total of 46 direct offices, with an increase of 7 new locations compared to the 39 offices on 31 December 2018, including the new office in Toulouse. On the same date, the company has expanded to a total number of 35 franchised offices, with an increase of 4 units compared to the 31 franchised offices on 31 December 2018. In spite of the traditional Summer break, EdiliziAcrobatica reported very good results in the month of August. The company’s stock showed good performance, with continuing price increase, which made EdiliziAcrobatica one of the most profitable companies to invest in, according to the top financial magazines. Moroever, accoring to Milano Finanza, Riccardo Iovino, EdiliziAcrobatica CEO and founder, is now ranking among Italy’s richest men, one year after the company has been listed on the AIM Italia segment of the Italian Stock Exchange and only a few months after the company has been listed on Euronext Growth. The decision to sponsor the Italian soccer team Torino FC for the 2019/2020 soccer season has also brought visibility and new business opportunities to the company and proved that the marketing strategy developped and strongly supported by Anna Marras, partner and member of the Board of EdiliziAcrobatica, is a successful one. “We are extremely satisfied with the results we have reached this month”, said Marras and Iovino. “However, we are looking forward to the Autumn season to pursue new and more ambitious goals to ensure the continuing growth of EdiliziAcrobatica and the good performances of the company stock. We will also continue to value our team and put people at the heart of our business strategy, as they are definitively the real asset of our company.”
This press release is available on the website: https://ediliziacrobatica.com/
Investor Relations
EdiliziAcrobatica S.p.A.
Deborah Dirani
investor.relator@ediliziacrobatica.com
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