Investor relations

CMD 2024

Capital Markets Day 2024

Financial Results FY 2023

Equity Story

Leading operator in the management of credit portfolios and real estate assets in Southern Europe

Favourable and structural markets trends in terms of regulation and outsourcing by clients

Attractive capital light business model with a high degree of revenues predictability

Broad diversification by geography, type and number of clients and products offered

Track record of growth, acquisitions, integration, and resilience

Strong orientation towards digitalisation and technological innovation

Holistic and proactive approach to ESG themes and sustainability

Prudent financial structure and strong cash flow generation

€million	2017A	2018A	2019A	2020A	2021A	2022A	2023A
Gross Revenues	214	233	364	421	572	558	486
Net Revenues	193	210	324	370	506	500	443
EBITDA ex NRI	70	86	140	128	201	202	179
EBITDA ex NRI margin	33%	37%	39%	30%	35%	36%	37%
EBITDA	70	84	128	117	199	199	175
EBIT	68	80	78	26	80	114	63
Attributable Net Income ex NRI	45	52	69	12	51	51	3
Attributable Net Income	45	50	38	(30)	24	17	(19)
Capex	7	5	8	20	30	31	21
Dividend Per Share (€)	0,39	0,46	-	0,26	0,50	0,60	-
Net Debt / (Net Cash)	(39)	(68)	236	411	402	430	475
Net Debt / EBITDA PF (x)	-	-	1,3	2,6	2,0	2,1	2,7
GBV (€bn) end of period	77	82	132	158	149	120	116

Daniele Della Seta

Head of Group M&A, IR and Strategic Finance

Mail: investorrelations@dovalue.it

Tel: +39 06 4797 9184

Investor relations